Centaur Group Finance Launches the ‘Centaur Natural Resources Bond 3’, the 3rd Bond in the Centaur Natural Resources Bond Series, Open to Qualified Investors in the GCC
Centaur Group Finance Ltd (“CGF”) is a wholly owned subsidiary of Centaur Holdings Ltd (“Centaur”), a global investment holding company with interests and investments ranging from asset management, wealth management, private equity, venture capital, mining and natural resources and agricultural investments.
The Centaur Natural Resources Bond 3 (the “Bond”) builds on the success of the first two bonds in the Natural Resources series of bonds, the Centaur Natural Resources Bond and the Centaur Natural Resources Bond 2. The Bond benefits from a choice of terms and coupons ranging from a 1 year term at a 6% coupon to a 5 year term at a 10% coupon per annum. All of the options benefit from coupons which shall be paid to Qualified Investors on a monthly basis and CGF expects to raise up to US$25m.
The Bonds are available with a minimum investment of US$100,000 (or less if the Qualified Investor meets the suitability tests specified by the Bermuda Stock Exchange) and will be listed on the main market of the Bermuda Stock Exchange. The listing agent for the Bond is Cohort Ltd.
The subscription period will run from 9am UTC on 17thAugust 2015 and is expected to close on 15thNovember 2015 at 4pm UCT. CGF retains the right to close the subscription period early.
The Bond is the third of a series of bonds planned by CGF in the coming months, which have been developed based on investor demand for debt products in the GCC and will allow Centaur to enhance its financial flexibility by diversifying its sources of funding. CGF has developed the Bond based on requests from Qualified Investors and their Financial Advisors for shorter and longer options on the term of the investment to suit different financial requirements versus the fixed 3 year term offered on the first two Natural Resources bonds.
Daniel McGowan, Group CEO of Centaur, commented:
“Centaur is delighted to be launching its third bond offering to investors in the GCC which was created following investor demand for our first two Natural Resources bonds . Centaur has further bond offerings to launch in the coming months as part of the Natural Resources series , and also plans to launch bonds for investors looking for exposure to the different sectors and markets in which Centaur operates in various geographical locations.”
Disclaimer – Intended Addressees
This press release is for information purposes only. No guarantee, representation, undertaking or warranty, express or implied, is given by CGF and/or Centaur and/or their respective directors, officers, partners, shareholders, members and/or service providers as to the accuracy or completeness of the information or opinions contained in this press release and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions.
This press release does not constitute or form any part of an offering memorandum, prospectus, offer, invitation or solicitation for the sale of the Bonds by CGF and/or Centaur and/or any of their subsidiaries, nor should it be construed to constitute any investment, legal or tax advice. It should not be used or considered for the purpose of any offer to sell or solicitation to buy the Bonds of CGF and/or CHL and/or any of their subsidiaries in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised. This press release is not aimed at persons who are residents of any country in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make any offer to sell or solicitation to buy the Bonds of CGF and/or Centaur and/or any of their subsidiaries.
Please note that the information contained in the Offering Memorandum of the Bonds may be addressed to and/or targeted at persons who are resident of particular countries (as specified in the Offering Memorandum) only and is not intended for use and should not be relied upon by any person outside of these countries and/or to whom the offer contained in the Offering Memorandum is not addressed.
Prior to relying on the information contained in the Offering Memorandum, you must ascertain from the Offering Memorandum whether or not you are part of the intended addressees of the information contained therein.
Your right to access this service is conditional upon complying with the above requirement.
Notes to editors
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
THIS ANNOUNCEMENT IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY OF THE BONDS REFERRED TO HEREIN AND SHALL NOT CONSTITUTE AN OFFER, SOLICITATION NOR SALE IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE IS UNLAWFUL, INCLUDING BUT NOT LIMITED TO THE UNITED STATES.
THE BONDS REFERRED TO IN THIS DOCUMENT HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE US SECURITIES ACT OF 1933 (THE “SECURITIES ACT”) OR UNDER THE SECURITIES LEGISLATION OF ANY STATE OF THE UNITED STATES OF AMERICA, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OF AMERICA OTHER THAN PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. THE ISSUER OF THE BONDS DOES NOT INTEND TO MAKE A PUBLIC OFFER OF SECURITIES IN THE UNITED STATES OF AMERICA OR TO REGISTER ANY SECURITIES UNDER THE SECURITIES ACT.