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:
Tranche I:
- Rente: 9% per jaar, jaarlijkse uitbetaling
- Looptijd: 2 jaar
Tranche II:
- Rente: 9% per jaar, kwartaal uitbetaling
- Looptijd: 4 jaar
Tranche I and II:
- Participation: individuals and legal entities (BV, NV, Foundation, Cooperative etc.).
- Total issue: EUR 20 million
- Minimum investment: EUR 100,000
- Nominal value per bond: EUR 50,000
- Additional security by pledging real estate (value EUR 21.7 million) Momentum Leisure, notarized and insured by an external Security Agent
