Leicester Tigers – Successfully Raised £3m in Loan Notes

Vartan & Son, in a joint venture with Cenkos Guernsey, has successfully raised £ 3m via a Convertible Loan Note Issue for the redevelopment of Leicester Tigers’ stadium at Welford Road.

The £3 million raised has enabled The Tigers to complete the new North Stand and the Convertible Loan Note Issue yields 7% gross per annum. This unique opportunity provided an exciting investment into one of the leading rugby clubs in the world. The Tigers are the most successful rugby team in the UK and Europe having won the domestic league seven times, more than anyone else, and the European Cup twice and have a large loyal and passionate fan base in the UK.

The Tigers have increased the stadium capacity up to 23,500 from 17,500 and in addition the stadium’s function rooms and bars will be let out to businesses and individuals in order to produce additional revenue streams.

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