Bringing you live news and features since 2006 

Union Jack pound sign

Helical Bar launches seven year six per cent sterling retail bond

RELATED TOPICS​

Helical Bar, the property investment and development company has launched a 6.00 per cent Sterling Bond due 2020, available to retail investors.

 
Michael Slade, chief executive of Helical Bar, says: “We are excited to be launching our debut retail bond into a market which is growing as a result of strong private investor interest for bonds issued by companies with established track records. The launch of this bond will enable us to further diversify our funding sources and extends the debt maturity profile of the Group.”
 
The bonds bear interest at a fixed rate of 6.00 per cent per annum, payable semi-annually in arrear in equal instalments. At any time during the life of the Bonds, investors are permitted to sell the bonds (within market hours and in normal market conditions) on the open market through their stockbroker.
 
Numis Securities is acting as manager on this issue.
 
The authorised offerers are:
 
·         Barclays Stockbrokers
·         Killik & Co
·         NCL Investments
·         Redmayne Bentley
·         Talos Securities (T/A Selftrade)
·         WH Ireland
 
 
The bonds have a minimum initial subscription amount of GBP2,000 and are available in multiples of GBP100 thereafter. 
 
The bonds are expected to be listed on the UK Listing Authority’s Official List and admitted to trading on the London Stock Exchange’s regulated market and through the electronic order book for retail bonds.

Latest News

Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..
Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by