Debt Issuance
Series 9
INVESTMENT OBJECTIVE
The Demeter Investment Holdings 15-Year EMTN – Series 9 is a USD 250 million series under its USD 1.5 billion EMTN umbrella programme. It seeks to provide a hybrid low-risk high yielding long-term investment instrument.
SECURITIES FOR THE BOND
The Issuer invests 70% of the proceeds in Bonds issued by State of Connecticut Department of Finance, whereby the proceeds are made available to the Housing Authorities of the cities of Meriden, Groton and New London.
The issuer invests the remainder of the proceeds via Notes issued by bulge bracket banks with at least an “A” rating. Typically, these notes offer 85% to 100% capital protection with the bank itself acting as a Guarantor.
BOND INFORMATION
Issuer | Demeter Investment Holdings |
Fund Currency | USD |
Maturity Date | 30th June 2037 (15 Years) |
Coupon | 3.75% payable Semi- Annually |
Liquidity | Daily Transferrable – End of Day Redemption |
ISIN | GB00BMWSLN57 |
Listing | Wiener Boerse, Austrian MTF |
LEI | 213800219STYYJQQOY1l |
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