The Sancus Loan Notes 2 limited is a special purpose vehicle listed on The International Stock Exchange. £11,450,000 of Senior Notes were issued and attract an annual interest rate of 7%; 1.75% is distributed on quarterly basis. The underlying assets are loans to SMEs originated within the Sancus BMS Group Limited. Sancus BMS Group Limited own 3,000,000 preference shares in the structure which rank junior to the Senior Note Holders.
Full portfolio loan analytics can be obtained upon request to Amberton Asset Management Limited.
Sancus Loan Notes 2 Limited redeemed on 7 February 2019. There were no impairments to the underlying loans and the Senior Note Holders were repaid in full and achieved an annual return of 7%.