Interactive Investor

LendInvest Secured Income II plc 6.5% Notes due 2027

This offer is now closed for applications through interactive investor

Confirmation of Issue Size

LendInvest Secured Income II plc has confirmed the following sizing announcement, including results of the exchange offer:

  • Issue Date: 8 August 2022
  • Aggregate nominal amount of the Notes to be issued: £60,000,000
  • Estimated net proceeds of the New Bonds: £38,342,650
  • Estimated total expenses of the offering: £485,350
  • Estimated total expenses relating to the offering and admission to trading of the Notes: £1,100,000

Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.

Allocations are being credited today (Thursday 4 August 2022). Confirmation of allocations will be sent once the Notes are showing on accounts.

Key information

Issue price (per Note):£100
Minimum investment:£1,000 (multiples of £100 thereafter)
Interest rate:6.5%
Term of the Notes:5 years
Maturity date:8 August 2027

Expected timetable

Offer open:13 July 2022
Offer close:3 August 2022 (2pm)
Issue date of the Bonds:8 August 2022
First day of trading:9 August 2022

The key dates for the offer are indicative only and subject to change without notice. The Company may end the Offer Period early or withdraw the offer at any time prior to the Issue Date.

We, Interactive Investor Services Limited, refer to the offer of 6.5 per cent. Fixed Rate Notes due 8 August 2027 (the “Notes”) described in the Final Terms dated 13 July 2022 (the “Final Terms”) published by LendInvest Secured Income II plc (the “Issuer”) and LendInvest plc (the “Guarantor”). In consideration of the Issuer and the Guarantor offering to grant their consent to our use of the Base Prospectus (as defined in the Final Terms) in connection with the offer of the Notes in the United Kingdom (the “UK Public Offer”) during the Offer Period specified in the Final Terms and subject to the other conditions to such consent, each as specified in the Base Prospectus, we hereby accept such UK Public Offer by the Issuer and the Guarantor in accordance with the Authorised Offeror Terms (as specified in the Base Prospectus) and confirm that we are using the Base Prospectus in connection with the UK Public Offer accordingly.

Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.

"LendInvest Secured Income II plc" and the LendInvest Secured Income II plc logo are reproduced by kind permission of LendInvest Secured Income II plc. All rights reserved.

This announcement has been published by Interactive Investor Services Limited.

This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.