LendInvest 11.5% 2026 Bond Launch
Applications closed
Important Information - The value of investments will fall as well as rise, so you could get back less than you invest. Once held in a pension, funds are not usually accessible until age 55 (57 from 2028). Tax rules can change and any benefits depend on individual circumstances. If you are unsure of the suitability of an investment for your circumstances you should seek advice. This advertisement is issued by, and is the sole responsibility of Hargreaves Lansdown Asset Management Limited.
Allocations announced 28 September 2023
We expect to find out how many units clients received on 28 September 2023. Units will be added to successful applicant's accounts the same day, unless circumstances beyond our control prevent us from being able to do so.
We will send out confirmation of allocations once the holding is showing on the client's accounts. Clients with online access will receive their confirmation via our secure messaging service. All other clients will receive their confirmation by letter.
We, Hargreaves Lansdown Asset Management Limited, refer to the offer of 11.5% Notes due 03 October 2026 (the “Notes”) described in the Final Terms dated 13 September (the “Final Terms”) published by LendInvest Secured Income II plc (the “Issuer”) and LendInvest plc (the “Guarantor”). In consideration of the Issuer and the Guarantor offering to grant their consent to our use of the Base Prospectus (as defined in the Final Terms) in connection with the offer of the Notes in the United Kingdom (the “UK Public Offer”) during the Offer Period specified in the Final Terms and subject to the other conditions to such consent, each as specified in the Base Prospectus, we hereby accept such UK Public Offer by the Issuer and the Guarantor in accordance with the Authorised Offeror Terms (as specified in the Base Prospectus) and confirm that we are using the Base Prospectus in connection with the UK Public Offer accordingly.
How to deal LendInvest 11.5% 2026 Bond - online and telephone
LendInvest 11.5% 2026 Bond is expected to start trading on the stock exchange from 8am on 4 October 2023. Investors can buy and sell the units online and by telephone from this point
The quickest, easiest and lowest cost way to view LendInvest 11.5% 2026 Bond, check the unit price or place a deal is online. If you have not already done so, we suggest you register for online access.
Our maximum dealing commission to deal LendInvest 11.5% 2026 Bond units is £11.95 per deal online. By telephone or post our commission is 1% (minimum £20, maximum £50). Find out more about our charges.
The following charges are based on an investment of £5,000 within a Stocks and Shares ISA over 5 years assuming 0% growth rate. Holders should also get income from the bond, on which there's no charge from HL and so isn't included in these figures. The income you’ll receive isn't guaranteed and you could get back less than you invest.
£111.05
£0.00
The following charges are based on an investment of £5,000 within a Stocks and Shares ISA over 5 years assuming a 0% growth rate.
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | ||
|---|---|---|---|---|---|---|---|
| HL Charges | £22.41 | £22.31 | £22.21 | £22.11 | £22.01 | £111.05 | |
| HL management charge | 0.45% | £22.41 | £23.31 | £22.21 | £22.11 | £22.01 | £111.05 |
| Investment charges | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |
| Net initial charge | 0% | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Ongoing charge | 0% | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| Transaction costs | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |
| Incidental charges | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |
| Total charges over 5 years | £22.41 | £22.31 | £22.21 | £22.11 | £22.01 | £111.05 | |
| Average annual charge | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | |
| Illustrative 5 year value | £4,977.59 | £4,955.28 | £4,933.07 | £4,910.96 | £4,888.95 | £4,888.95 | |
| Illustrative 5 year value with no charges applied | £5,000.00 | £5,000.00 | £5,000.00 | £5,000.00 | £5,000.00 | £5,000.00 |
The costs and charges shown are for illustration purposes only based on the assumptions presented. Please refer to our Tariff of charges before investing. Returns are not guaranteed.
Figures may not add up to the given total due to rounding.
The publication of the prospectus and the factsheet on our website is not an endorsement of the LendInvest 11.5% 2026 Bond launch. Hargreaves Lansdown has not authorised or approved the prospectus or factsheet. As such we are unable to guarantee their accuracy. We are using the prospectus with the consent of LendInvest.
Expected timetable
| Applications close: | 2pm 27 September 2023 |
| Allocations announced: | 28 September 2023 |
| Trading starts: | 4 October 2023 |
This is the expected timetable. Applications may close early without warning
Key documents
View Offer Terms and Conditions
The publication of the prospectus and the factsheet on our website is not an endorsement of the LendInvest 11.5% 2026 Bond launch. Hargreaves Lansdown has not authorised or approved the prospectus or factsheet; as such we are unable to guarantee their accuracy. We are using the prospectus with the consent of LendInvest.
What happens after you apply?
- You can view your application in the Pending Orders tab of your online account.
- You can cancel your application at any time up to the point when the offer closes.
- Once allocations are confirmed, your units will show in your portfolio.
- You will receive confirmation of your allocation by secure message or in the post.
- You'll be able to buy and sell the LendInvest 11.5% 2026 Bond units once they are listed on the exchange.