29th Mar 2018 16:38
The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document. The information contained herein may only be released, published or distributed in the United Kingdom, Jersey, the Bailiwick of Guernsey and the Isle of Man in accordance with the applicable regulatory requirements.
MIFID II PRODUCT GOVERNANCE / RETAIL INVESTORS, PROFESSIONAL INVESTORS AND ECPS TARGET MARKET - SOLELY FOR THE PURPOSES OF THE MANUFACTURER'S PRODUCT APPROVAL PROCESS, THE TARGET MARKET ASSESSMENT IN RESPECT OF THE NOTES HAS LED TO THE CONCLUSION THAT: (I) THE TARGET MARKET FOR THE NOTES IS ELIGIBLE COUNTERPARTIES, PROFESSIONAL CLIENTS AND RETAIL CLIENTS, EACH AS DEFINED IN DIRECTIVE 2014/65/EU (AS AMENDED, "MIFID II") AND (II) ALL CHANNELS FOR DISTRIBUTION OF THE NOTES ARE APPROPRIATE, SUBJECT TO THE DISTRIBUTOR'S SUITABILITY AND APPROPRIATENESS OBLIGATIONS UNDER MIFID II, AS APPLICABLE. ANY PERSON SUBSEQUENTLY OFFERING, SELLING OR RECOMMENDING THE NOTES (A "DISTRIBUTOR") SHOULD TAKE INTO CONSIDERATION THE MANUFACTURER'S TARGET MARKET ASSESSMENT; HOWEVER, A DISTRIBUTOR SUBJECT TO MIFID II IS RESPONSIBLE FOR UNDERTAKING ITS OWN TARGET MARKET ASSESSMENT IN RESPECT OF THE NOTES (BY EITHER ADOPTING OR REFINING THE MANUFACTURER'S TARGET MARKET ASSESSMENT) AND DETERMINING APPROPRIATE DISTRIBUTION CHANNELS, SUBJECT TO THE DISTRIBUTOR'S SUITABILITY AND APPROPRIATENESS OBLIGATIONS UNDER MIFID II, AS APPLICABLE.
SEE "IMPORTANT INFORMATION" BELOW
29 March 2018
LENDINVEST SECURED INCOME PLC
5.375% STERLING NOTES DUE 2023
Final Terms Confirmation Announcement
Terms used herein shall have the meaning given to them in the Base Prospectus dated 19 July 2017 and the supplement to the Base Prospectus dated 13 March 2018 (together, the "Base Prospectus") relating to the Issuer's £500,000,000 Euro Medium Term Note Programme.
This announcement constitutes the Final Terms Confirmation Announcement as referred to in the Final Terms dated 15 March 2018 relating to the Notes (the "Final Terms") and must be read in conjunction with the Base Prospectus and the Final Terms.
The Offer Period relating to the Notes closed at 12 noon (London time) on 29 March 2018. Accordingly, Notes can no longer be subscribed for pursuant to the offer and acceptances can no longer be withdrawn.
The Issuer is pleased to confirm the following in connection with the offer of the Notes:
Issue Date: | 6 April 2018 |
Aggregate Nominal amount of Notes: | £ 40,000,000 |
Estimated net proceeds of the offer: | £ 35,247,1001 |
Estimated expenses relating to the offer: | £ 600,000 |
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Authorised Distributors | AJ Bell Securities Limited Equiniti Financial Services Limited Interactive Investor Trading Limited iDealing Limited Redmayne-Bentley LLP
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For further information, please contact:
LendInvest
Carmen Dixon: [email protected] | +44 (0) 20 3846 6820
Peel Hunt
Henrietta Podd: +44 (0)20 3597 8676
Sanjeeb Seal: +44 (0)20 3597 8654
IMPORTANT INFORMATION
The offering and the distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons into whose possession this announcement or any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase. Any purchase of Notes pursuant to any offer should only be made on the basis of the information contained in the Base Prospectus and the Final Terms referred to above. The Base Prospectus and the Final Terms are available for viewing at www.lendinvest.com/bonds.
The Issuer has also prepared and made available a key information document (KID) in connection with the Notes pursuant to the PRIIPs Regulation (Regulation (EU) No. 1286/2014).
The Notes have not been and will not be registered under the US Securities Act of 1933, as amended, (the "Securities Act") and, subject to certain exceptions, may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons (as defined in the Securities Act). The Notes are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.
[1] Of the £40,000,000, £4,152,900 will initially be held as treasury stock by a member of the Guarantor's Group and will not be made available at below 100% of their nominal value
Related Shares:
LIV1.L