Sancus Loan Notes 3 limited is a special purpose vehicle. £9,870,000 of Senior Notes were issued and attract an annual interest rate of 6%; 0.50% is distributed on a monthly basis. The underlying assets are secured loans and loans to SMEs originated within the Sancus BMS Group Limited. Sancus BMS Group Limited have provided a guarantee equal to 20% of the structure, including capital and interest due to Senior Note Holders.
Full portfolio loan analytics can be obtained upon request to Amberton Asset Management Limited.
Sancus Loan Notes 3 Limited redeemed contractually on 8 November 2018. There were no impairments to the underlying loans and the Senior Note Holders were repaid in full and achieved an annual return of 6%.