Bond investors
We are planning significant growth in stockholdings this year boosting levels of regular best-selling wines and buying new ones and to help with this we are in the process of opening a Customs Warehouse within our existing space which will help in offsetting customs duties, excise duties and VAT.
However our plans are bigger and come at a time when foreign producers are getting ever tighter with credit and UK banks continue to shun our sector in particular and indeed most holders of any kind of stock.
On the advice of our bankers we are offering a limited number of Bonds to interested investors so, if you know us at all, like us, like wine, or simply want to get a better return on some savings to which you don't need quick access......
The Winefantastic Bond
A £10,000 five-year Bond with a coupon of (paying interest monthly at) an annual 9% OR 12% if taken as a monthly credit on your wine account. So £75.00 funds per month OR £120.00 (including VAT) of credit on your wine account. Bond holders are free to switch from one interest type to the other at any time but with a month’s notice.
Plus.
All wine purchases made by Bond holders prior to bond maturity will be charged at 30% discount from normal retail prices howsoever they receive their interest.
Spirits, beer, soft drinks and sundries will be discounted by 20%.
Full value of Bond repayable at maturity of 5 years. Bond holders wishing to exit earlier than maturity can apply in writing at any time but exit would be at the discretion of the Directors and would in any case require 6 months notice during which no coupon interest/credit would be payable.
The purpose of the Bond is to raise capital for stock holding.
Investors are likely to be wine lovers who already have some first-hand knowledge of our operations.
Winefantastic is unqualified, unregulated and unendorsed as a provider of financial instruments and investors must satisfy themselves as to its bona fides and risk levels. Serious potential investors will have full access to all company information prior to making a decision.