International natural resources group Monaco Resources Group (‘MRG’) has announced the launch of its first retail bond on the LSE’s Order Book for Retail Bonds (ORB) offering an eye catching coupon of 7% until maturity on 2023

 

Issued as part of its £300,000,000 Euro Medium Term Note Programme, the bond is guaranteed by Monaco Resources Group SAM.

The bond is available to retail investors with a minimum investment of £1,000 and in multiples of £100 thereafter; it will be tradeable in the secondary market during normal market hours on ORB.

It will pay a coupon of 7% semi-annually in arrears on July 17th and January 17th; the first coupon will be paid on 17th July 2019 to cover the first twelve month period.

Monaco Resources Group is an international natural resources
group with a diversified asset base across metals and minerals, agriculture and food processing, energy, logistics and technical services

 

  • Managed from its two key hubs in London and Monaco, the Group has a presence in 37 countries
  • By combining its production and processing capabilities with
    trading, marketing and logistics, the Group has developed a risk-averse and robust business model
  • Long-term partnerships with blue-chip customers and suppliers
  • Operates in niche markets, between large trading houses and
    local market players
  • Profitable every year since inception

 

In 2017 the company achieved revenues of EUR 656 m, with a
gross profit of EUR 94 m and operating profit of 41.7 m

Cantor Fitzgerald is the lead manager on the issue and Selftrade is an authorised distributor

Full details of the issue can be found below – click on the images to view the documents:

 

Monaco Resources Retail Bond Information Booklet

 

Monaco Resources Information Booklet 2

 

Monaco Resources Retail Bond Investor Presentation 

 

Monaco Resources Bond Presentation

Monaco Resources Executive Summary

 

Monaco Resources Executive Summary

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