We are delighted to confirm that our valued client, Glandore Business Centres Ltd, has successfully repaid the €3m loan note raised from Cantor Fitzgerald investors. The loan note was issued on 1st February 2016 with a 1-year term, paying a coupon of 10% per annum. The coupon was paid in 6 monthly instalments per the agreed investment contract.
Glandore Business Centres Ltd was founded by the Kelly family in 2001. It is a serviced office business, and offers innovative, flexible workspace with prestigious addresses in the heart of the business and tech hubs of Dublin and Belfast. We look forward to continuing our very successful partnership with the company.
We were delighted to bring this investment opportunity to clients of Cantor Fitzgerald and are pleased to have overseen another loan note providing successful payment of coupon and return of capital to our investors.