Bonds from Big60million solar farms


J

John

Advertised in Sunday newspapers, incl Mail on Sunday.
Belongs to Willersley Solar Farms

Paying 7%, duration 5 years, available for SIPP (very tempting).
But only looking to raise £4 mill in £60 bonds (seems very small)
Kicker for me is "non-transferrable" (why not ???)

Any comments please.
 
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T

Theo Markettos

John said:
Advertised in Sunday newspapers, incl Mail on Sunday.
Belongs to Willersley Solar Farms

Paying 7%, duration 5 years, available for SIPP (very tempting).
But only looking to raise £4 mill in £60 bonds (seems very small)
What are the chances of:

Them getting into difficulties and not paying the interest?
Them getting into difficulties and not paying back any of the investment?

You have scrutinised their accounts I assume? There's no protection if they
do go under.

These are nothing whatsoever like 'bonds' that building societies
advertise - I do wish building societies wouldn't call them that.
Kicker for me is "non-transferrable" (why not ???)
There's no secondary market. Though I don't know why you aren't able to
re-register them to someone if you found a buyer yourself.

Theo
 

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