Astute Capital celebrates its Series 1 listed bond redemption, totalling over £3 Million for investors.
This September we announced the redemption of our Series 1 fixed rate bond. This Series 1 fixed rate bond which launched in 2017 on the Euronext Dublin (Irish) Stock Market, redeemed the 30th September 2020 and has returned over £3m delivering each investor their capital as well as a biannual coupon payment equivalent of 7.5% p.a. This was the third bond redemption that Astute has redeemed in full and on time in 2020.
The bond was taken up by 179 Astute Capital investors who invested between £1,000 to £99,000 of which the majority opted to use a stocks and shares ISA wrapper.
The Bond redemption announcement viewable here
“It has been particularly encouraging for the business for its Series 1 bond to deliver as originally promised to its UK investors. Despite a noticeably difficult market, where traditional investments were offering around 1.00% return we have been delighted to be able to deliver 7.5% to our investors” Said Richard Symonds, Managing Director of Astute Capital Plc.
Astute Capital’s mandate has always been to offer above-average returns to its investors; Secured by transparent asset-backed credit lines to our borrowers, facilitated by sound corporate governance.
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Astute Capital has recently released new rates on the Frankfurt Stock Exchange and is seeing increased demand for its fixed-rate bonds. If you are interested in any of the Astute products email or call us on 0800 009 2988.
Alternatively, feel free to create a non-obligatory account and view new investments as and when they become available via our investment site.
Astute Capital Investments are reserved for High Net Worth or Sophisticated Investors only.