15 October 2019

When markets close for the holidays, MTN issuance continues

LGB has arranged over £5.5 million of Medium Term Note issuance in July, August and September. The flexibility of MTN programmes has enabled some of our issuers to raise substantial funding in what are traditionally slower summer months. This is because the documentation and security arrangements are already in place to allow opportunistic issuance when opportunities arise. The only requirement for the issuer is to approve the terms of a transaction – we coordinate the investor demand and settlement.

The flexibility of MTN programmes extends to multi-currency issuance.  Recently Acamar Films has issued both USD and GBP notes. This capability is beneficial for companies with expenses  or investment projects overseas, particularly in the current circumstances with low sterling exchange rates.

We are looking forward to a busy fourth quarter, with existing programme limit increases and new issuers in our pipeline.

Recent Articles

16 January 2020

Sale of Chairman Mentors International

LGB Corporate Finance has advised the shareholders of Chairman Mentors International Limited ("CMi") on its sale to MW&L Capital Partners Limited ("MW&L").

Read more


18 December 2019

SCISYS Group plc redeems medium term notes ahead of acquisition by CGI

All notes issued under the AIM quoted group’s medium term note (MTN) programme have now been redeemed at maturity ahead of the group’s acquisition by CGI.

Read more

News & Insights

26 November 2019

FCA Introduces Restrictions on the Distribution of Mini-bonds

You may have seen the reports of the FCA’s restrictions on the marketing of so-called speculative mini-bonds to retail investors in the wake of the LCF scandal, in which bonds, mass-marketed to retail investors, were used to lend on to Read more

News & Insights