A cash flow generating property portfolio including operation three parks
Momentum Leisure and its three operating theme parks are currently free of bank loans and fully developed and built with equity capital. To finance growth in the coming years, Momentum Leisure is attracting European grants, local bank financing at the project level. Also, operational cash flow from the current parks is reinvested and Momentum Leisure issues a Leisure Secured Bond to professional investors.
The Momentum Leisure Secured Bond has the following features:
- Interest rate: 9% per year
- Duration: 2 years
- Participation: only from legal entity (BV, NV, Foundation, Cooperative etc.).
- Issue: EUR 8 million tranche I
- Minimum investment: EUR 100,000
- Nominal value per bond: EUR 50,000
- Additional security by pledging real estate (value EUR 23 million) Momentum Leisure, notarized and insured by an external Security Agent