REG - Lendinvest PLC LendInvest PLC-LINV - LENDINVEST ANNOUNCE LAUNCH OF 8.25% NOTES DUE 2030

LendinvestAnnouncement

14/10/2025 17:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251014:nRSN3618Da&default-theme=true

RNS Number : 3618D  Lendinvest PLC  14 October 2025

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO ANY U.S. PERSON, OR IN ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION WOULD BE UNLAWFUL.
UK MiFIR target market (product governance): eligible counterparties, professional clients and retail clients (all distribution channels).
This announcement is a financial promotion for the purposes of Section 21(2)(b) of the Financial Services and Markets Act 2000 ("FSMA") and has been approved for communication in the United Kingdom by Allia C&C Ltd (FRN 231055).

 

LENDINVEST ANNOUNCES LAUNCH OF 8.25% NOTES DUE 2030

14 October 2025

LendInvest Secured Income III plc (LEI: 213800MARSG713FSSU68) (the "Issuer"),
an indirectly wholly-owned subsidiary of LendInvest plc ("LendInvest" or the
"Guarantor"), today announces the launch of a new series of 8.25 per cent
Notes due 2030 (the "New Bonds") under its £1,000,000,000 Euro Medium Term
Note Programme (the "Programme").

At the same time, the Issuer and Guarantor are proposing an Exchange Offer to
holders of the outstanding 11.5 per cent Notes due 2026 and 6.5 per cent Notes
due 2027, each issued by LendInvest Secured Income II plc, inviting them to
exchange their holdings for the New Bonds.

This issuance marks another step in the LendInvest Group's long-term strategy
to broaden access to property finance asset investment, in a fast-growing
asset class traditionally dominated by institutions.

New Bond Key Terms

The New Bonds carry a fixed coupon of 8.25 per cent per annum, payable
semi-annually over their 5-year intended term, and are expected to mature in
2030. On maturity, they will be redeemed at 100 per cent of their nominal
value.

They are backed by a first floating charge over a pool of Eligible Loans,
which primarily comprise UK residential, buy-to-let, bridging and development
loans originated and managed by LendInvest. The New Bonds are subject to a
partial 20 per cent guarantee from LendInvest plc, as defined in the Base
Prospectus.

The collateral pool is subject to defined criteria, including a maximum
weighted-average loan-to-value (WALTV) ratio of 77.5 per cent. The Eligible
Loans are supported by LendInvest's existing underwriting and credit-risk
processes, which have been applied to more than £8 billion of property
lending since 2008.

The minimum initial subscription amount is £1,000, with multiples of £100
thereafter. Investors may sell the New Bonds on the open market through their
stockbroker.

Exchange Offer

Holders of the Existing Bonds can participate in the Exchange Offer through
their broker. Full details, including the final coupon and exchange ratio, are
available in the Exchange Offer Memorandum and Prospectus.

A base prospectus dated 13 October 2025 and an exchange offer memorandum and
prospectus dated 14 October 2025 have been prepared and made available to the
public in accordance with the UK Prospectus Regulation. These documents,
together with the final terms relating to the New Bonds, are available for
viewing at:

Base Prospectus:

https://docs.lendinvest.com/web/public-pdfs/listed-bond-5/base-prospectus.pdf
(https://docs.lendinvest.com/web/public-pdfs/listed-bond-5/base-prospectus.pdf)

 

Exchange Offer Memorandum and Prospectus:
https://docs.lendinvest.com/web/public-pdfs/listed-bond-5/eom-prospectus.pdf

Final
Terms: https://docs.lendinvest.com/web/public-pdfs/listed-bond-5/final-terms.pdf

Any investment decision should be based solely on these documents.

About LendInvest

LendInvest (AIM: LINV) is a UK-based alternative property-finance platform
providing short-term, development and buy-to-let mortgages to professional
property investors and developers. Its technology-enabled platform supports
origination, credit assessment and ongoing asset management.

As at 31 March 2025, the Group reported Funds Under Management of £5.13
billion and Platform Assets Under Management of £3.23 billion. The statutory
loss before tax narrowed to £1.2 million for FY25, with a return to
profitability in the second half of the year.

Management Commentary

Rod Lockhart, CEO of LendInvest, said:

"This issuance represents the continued development of our secured-income
programme and provides investors with access to bonds backed by UK
property-finance assets within a clearly defined structure."

Adrian Bell, CEO of Allia C&C, said:

"We are pleased to support LendInvest once again through the launch of this
new bond, following the successful completion and repayment of prior series
under the programme."

Distribution and Admission

Lead Manager: Allia C&C is acting as arranger and initial dealer.

Authorised Offerors: The New Bonds will be made available through authorised
distributors including AJ Bell, Hargreaves Lansdown and Interactive Investor.

Listing: Application will be made for the New Bonds to be admitted to the
Official List of the FCA and to trading on the London Stock Exchange's ORB
market.

Offer Period: Expected to close on 11 November 2025. The Issuer may close the
offer early in consultation with the Lead Manager, with notice given via RNS.

Investor enquiries: investorrelations@lendinvest.com
Further information: (https://www.lendinvest.com) https://www.lendinvest.com
(https://www.lendinvest.com)

 
Risk Factors

• The value of investments and the income from them can fall as well as
rise, and investors may not get back the amount originally invested.

 • The New Bonds are not protected by the Financial Services Compensation
Scheme (FSCS).

 • If the Issuer or Guarantor were to become insolvent, investors could
lose some or all of their investment.

 • Investors should ensure they fully understand the risks involved and
obtain independent financial advice before making any investment decision.

Regulatory Information

This announcement is a financial promotion for the purposes of section
21(2)(b) of the Financial Services and Markets Act 2000 ("FSMA") and has been
approved for communication in the United Kingdom by Allia C&C Ltd (FRN
231055), which is authorised and regulated by the Financial Conduct Authority.
Its content is directed only at eligible counterparties, professional clients
and UK retail clients to whom it may lawfully be communicated.

Manufacturer target market (UK MiFIR product governance): eligible
counterparties, professional clients and retail clients (all distribution
channels).

The information contained in this announcement is provided for background
purposes only and does not purport to be full or complete. No reliance should
be placed on its contents for any investment decision.

Any investment in the New Bonds should only be made on the basis of the
Prospectus, Final Terms and Exchange Offer Memorandum and Prospectus,
published today. This announcement is not, and should not be interpreted as,
an offer to sell or a solicitation of an offer to buy any securities in any
jurisdiction.

The information contained herein may only be released, published or
distributed in the United Kingdom, the Isle of Man, Jersey and the Bailiwick
of Guernsey in accordance with applicable regulatory requirements. It is not
for release, publication or distribution in or into the United States,
Australia, Canada, Japan, South Africa, the Republic of Ireland or any other
jurisdiction where to do so would be unlawful.

Any securities referred to herein have not been and will not be registered
under the United States Securities Act of 1933 (as amended, the "Securities
Act") and, subject to certain exceptions, may not be offered or sold within
the United States or to, or for the account or benefit of, United States
persons. Any such securities are being offered and sold outside the United
States in reliance on Regulation S under the Securities Act. There will be no
public offering in the United States.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IODFLFIRIDLSLIE



            Copyright 2019 Regulatory News Service, all rights reserved