BREWDOG has opened up a fresh fundraising drive by offering a bond to investors.
The BrewDog Bond, available from today, promises investors 6.5 per cent of interest per year on investments starting from £500. The capital will be returned to the investor when the four-year bond matures.
BrewDog, which has teamed up with Crowdcube to market the bond, said the capital raised will go towards the £25 million target it has set for its fourth crowdfunding drive. It has secured nearly £8m from its fourth Equity for Punks scheme to date, having raised £5m within three weeks of its April launch.
Edinburgh beer firm Innis & Gunn launched a four-year mini-bond in April, offering a gross annual interest rate in 7.25 per cent. Its minimum investment was also set at £500. Innis & Gunn hopes to raise £3m from the investment offer to build its first brewery.
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