Issuer: Prindiville PLC
Term: 5 years
Launch Date: 1st November 2016
Coupon: 7.5% per annum
First Interest Payment Date: 31st October 2017
Minimum Investment: £50,000
Target Raise: £12 million
In a business that defies traditional lending logic, bypassing the banks can make sense
Collector and luxury cars have seen their value increase by over 450% in just one decade. CNBC's Phil Han reports on why it might be a smart investment.
Founder of supercar specialist says that some new cars are actually fast and furiously good financial investments.
Well-heeled investors have been offered an annual income of 7.5pc from a "min-bond" issued by a supercar dealership.
Luxury car dealership Prindiville is launching a mini-bond giving investors an opportunity to buy into the supercar market.
Luxury car dealership Prindiville plc is launching a mini-bond to expand its business,Read more