LCL Opportunities Luxembourg S.C.S., a wholly owned subsidiary of LynxCap Investments AG, has successfully issued eur 3.5 million of fixed-rate bonds with four-year tenor.

12 Jun 2023Issue size corresponds to the amount LynxCap required to finance the acquisition of three recently won portfolios. The rest of the purchase price for the won portfolios came from collections.

LCL Opportunities Luxembourg S.C.S. is pleased to announce that it has successfully issued senior secured fixed-rate bonds of EUR 3.5 million under a framework of up to EUR 100 million.

The bonds have a four-year tenor and carry a fixed rate coupon of 11 percent per annum. Consistent with the Private Placement Memorandum, LynxCap has offered its investors a professional payment guarantee and a parent guarantee. The bonds were issued at 100 percent of the nominal amount and rank pari-passu with bonds issued in August 2022.

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