Whilst this bond issue offers attractive returns, it is important to remember that it is not suitable for everyone.
Current and potential investors are strongly recommended to consult an independent adviser who specialises in investments of this nature before making any decision to invest.
The following risk factors are considered the key risk factors of an investment in this bond. For a more complete list of risks potential investors should read the full Information Memorandum.
The coupon payments of 6.25% p.a. and the repayment of the bonds themselves in 2021 are reliant on the performance of Swan Real Estate PLC. This is not guaranteed and you may get back less than you invested.
Swan Real Estate PLC is a relatively new company and its development strategy may not succeed in the longer term.
Swan Real Estate PLC’s plans are reliant on retaining the skills of key personnel and also on the dependence of third party service providers, including housing associations, for certain aspects of its business
Swan Real Estate PLC’s bond is not covered by the Financial Services Compensation Scheme.
In light of Brexit, there is a risk that the Cyprus Stock Exchange may become a foreign exchange that may no longer be appropriate for the bond to be listed on. Brexit may also have other unknown consequences including matters relating to taxation and the ability of the Company to expand its operations outside the UK, should it wish to do so in the future.
These bonds should be viewed as a medium-to-longer term investment. You should not invest in them if you are likely to require the capital back in the short term. These bonds are a new security on the E.C.M.
THE FOREGOING RISK FACTORS ARE NOT EXHAUSTIVE AND DO NOT PURPORT TO BE A COMPLETE EXPLANATION OF ALL THE RISKS AND SIGNIFICANT CONSIDERATIONS INVOLVED IN INVESTING IN THE BONDS. ACCORDINGLY, AND AS NOTED ABOVE, ADDITIONAL RISKS AND UNCERTAINTIES NOT PRESENTLY KNOWN TO THE COMPANY MAY ALSO HAVE AN ADVERSE EFFECT ON THE COMPANY’S BUSINESS AND PROSPECTS. FOR A COMPLETE LIST OF RISKS, POTENTIAL INVESTORS SHOULD READ THE FULL INVESTMENT MEMORANDUM.
When referring to "The Swan ISA", we are referencing a regulated bond issued by Swan Real Estate PLC which is available within an ISA wrapper. Swan Real Estate PLC is registered in Scotland, company number SC525416. Its registered office address is 19 Elmbank Street, Glasgow, Scotland, G2 4PB.
A copy of the Swan ISA Investment Memorandum can be obtained from Alfred Henry Corporate Finance Limited whose registered office address is Finsgate, 5-7 Cranwood Street, London, EC1V 9EE. A copy of the Swan ISA Investment Memorandum can also be found on this site.
Please be aware when investing that your capital is at risk and the value of your investment can go down as well as up. You may get back less than you invested. If you are not sure about investing, seek independent advice.