LCL Opportunities Luxembourg S.C.S., a wholly-owned subsidiary of Lynxcap Investments AG, increases the bond issue to EUR 30 million.

20 Dec 2022LCL Opportunities Luxembourg S.C.S. is pleased to announce that it has successfully increased the senior secured fixed rate bonds issue to EUR 30 million under a framework of up to EUR 100 million.

The bonds have a four-year tenor and carry a fixed rate coupon of 9.00 per cent per annum. Consistent with the Private Placement Memorandum, LynxCap has offered a professional payment guarantee as well as a parent guarantee to all its investors.

The proceeds from the bond issue will be used to acquire non-performing loan portfolios and REO portfolios in Southern as well as Central and Eastern Europe.

Clément Konrad & Partners S.à r.l. (Bertrand Job – Partner), acted as legal advisors for the bond issue. LynxCap investors include pension fund managers, professional asset managers as well as mutual funds and insurance funds.

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