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Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: September 21st, 2023, 8:41 pm
by passerby
such a short notice to exchange. I was planning to buy LIV2 to exchange into LIV3 but it seem late
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: September 22nd, 2023, 10:48 am
by 88V8
passerby wrote:such a short notice to exchange. I was planning to buy LIV2 to exchange into LIV3 but it seem late
Phone your broker, see how things stand if you buy today.
V8
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: September 22nd, 2023, 4:08 pm
by Seasider
Does anyone know if the new bonds are qualifying corporate bonds? The prospectus does not seem to mention it.
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: September 24th, 2023, 10:55 pm
by passerby
Seasider wrote:Does anyone know if the new bonds are qualifying corporate bonds? The prospectus does not seem to mention it.
Yes they are. all GBP bonds are with very few exceptions (index linked, deeply discounted...).
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: October 2nd, 2023, 5:43 pm
by Eddiedcricket123
Have a look on European High Yield Online to see some recent work on Lendinvest. You can easily sub on there...
The borrower face an SPV not the PLC. 20% guaranteed by the parent.
Max LTV per loan of 85%.
Max weighted average LTV 77.5.%.
Max CRE exposure of 20%.
Most likely to be bridging loans <12mths.
Bridging rates have increased by 150-200Bps from 10.9%pa. So prob enough to meet interest coverage covenant of 1.2x.
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: October 12th, 2023, 8:06 pm
by Rhinocol
I have the Lendinvest 5.25% bond and just received the redemption monies through Jarvis LSE but no interest payment for the past 6 months. Anybody received the interest payment yet
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: October 12th, 2023, 8:16 pm
by formoverfunction
I have had capital, partial income and fee for the notional agreement for the exchange.
As the swap happened before the redemption, that was kind of what I was expecting. I only exchanged a percentage of my holding.
Did you hold to redemption, or exchange into LIV4?
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: October 13th, 2023, 1:24 pm
by Rhinocol
I didn't exchange my original 5.25%.( didn't fancy em for a longer haul) just kept them to their redemption date expecting to get the £1 plus the last 6 months interest
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: November 29th, 2023, 7:46 am
by spencerlewis
Can help me with LIV4?
On the HL site it shows only 3.005% running yield!!
And a price that hasnt changed in months !
https://www.hl.co.uk/shares/shares-sear ... 1.5-031026
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: November 29th, 2023, 10:04 am
by BondSquared
99.36 / 99.89 (equivalent YTM of 11.76% / 11.53%)
Re: Lend Invest - Road Show for new bond to replace LIV2
Posted: December 8th, 2023, 4:18 pm
by spencerlewis
Can anyone tell me why LIV4 has been the same price for months?
And are they up to date paying the coupons?
https://www.londonstockexchange.com/sto ... mpany-page