Loan Note Instrument
ICFG raised £330,000 through Series A unsecured loan notes at 10% fixed interest, repayable in 12 months.
- Amount raised £330,000
- Maximum facility size £1,000,000
- Fixed interest rate 10% per annum
- Repayment term 12 months from issue
Select text to share a quote on X · sign in to keep highlights & notes in your ICFG notes
ICFG (LON: ICFG), announces that the Company has raised an initial £330,000 through the issuance of loan notes via an unsecured loan note instrument dated 15 September 2025 (the "Series A Loan Notes").
The Series A Loan Notes will be issued in denominations of £10,000 (or multiples thereof) under certificates subscribed by noteholders up to a maximum of £1 million. The Series A Loan Notes carry a fixed interest rate of 10 per cent per annum, with the principal amount and accrued interest repayable 12 months from the date of issue under the relevant certificate. The Series A Loan Notes have no conversion rights.
Proceeds from the Series A Loan Notes will be used for the Company's general working capital purposes, providing additional flexibility to support the Company's operations and future opportunities.
On 15 September 2025, the first tranche of Series A Loan Notes was subscribed by IVCH SG PTE Ltd, a Singapore-based entity owned and controlled by Hirohito Namiki, board director and shareholder of the Company. IVCH SG PTE Ltd subscribed for £330,000 of Series A Loan Notes, and the Company has accordingly issued 33 Series A Loan Notes.
The Company will make further announcements in due course, as appropriate.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.