Hygiacura Senior Fixed Rate Notes
A summary of the principal terms of the Hygiacura Finance Limited Senior Fixed Rate Notes (ISIN: GB00BWRQXL60). This page is for informational purposes only and does not constitute an offer to sell securities.
The Issuer may grant security interests in favour of Noteholders, which may include a pledge or fixed charge over the shares of Hygiacura Facilities Management and security over present and future accounts receivable and debtor balances of that subsidiary. Until such security is formally granted and perfected, the Notes constitute senior unsecured obligations.
The Notes constitute senior, unsubordinated obligations of Hygiacura Finance Limited and rank pari passu with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those preferred by law.
Qualified professional investors may request the full Information Memorandum by contacting our investor relations team.
Contact Investor RelationsHow Capital is Deployed
Net proceeds from the issue of the Notes will be applied to the following purposes:
Key Risk Factors
Investment in the Notes involves significant risks. The following risk factors are not exhaustive. Prospective investors should read the full Information Memorandum and seek independent legal, financial, and tax advice before investing. Your capital is at risk and you may lose some or all of your investment.
Issuer Credit Risk
The Notes are obligations solely of Hygiacura Finance Limited. The Issuer's ability to meet interest and principal payments depends entirely on its financial condition and the successful execution of its acquisition strategy. There is no guarantee that revenues will be sufficient to service the Notes.
Structural Subordination
Hygiacura Finance Limited is a holding SPV. Creditors of the operating subsidiary, Hygiacura Facilities Management, rank senior to the Issuer's claims on that subsidiary's assets. In an insolvency scenario, Noteholders may recover little or nothing.
Concentrated Governance
The Issuer is managed by a single director who is also the ultimate beneficial owner. This concentration of control creates meaningful keyman and governance risk. There are no independent directors or formal oversight committees at the Issuer level.
Security and Enforcement Risk
Any security granted in favour of Noteholders may be insufficient, unenforceable, or subject to delay in the event of an insolvency. Until security is formally granted and perfected, the Notes are senior unsecured obligations with no collateral backing.
Liquidity and Secondary Market Risk
Admission to the Vienna MTF does not guarantee that an active secondary market will develop. Investors should assume these Notes are illiquid and that they may not be able to sell their holding prior to maturity except on unfavourable terms, if at all.
Fixed Interest Rate Risk
As a fixed-rate instrument, the market value of the Notes may decline if prevailing interest rates rise above 8.175%. Investors who sell before maturity may realise a loss. However, investors who hold to maturity will receive the fixed coupon and principal as scheduled, subject to Issuer solvency.
Regulatory and Legal Risk
Changes in law or regulation — including insolvency law, financial services regulation, or tax legislation in England and Wales — may adversely affect the Issuer, the security framework, or the value and tax treatment of the Notes.
Target Valuation and Execution Risk
The Issuer's financial model depends on acquiring businesses at or below a 3.0x EBITDA multiple. Future acquisition targets may not meet this benchmark, may underperform projected EBITDA, or may not be identified at all, which could impair the projected interest coverage margin.
Settlement and Clearing Risk
No central securities depository (CSD) is currently appointed. Settlement occurs via an issuer-maintained register of bondholders. The Issuer may migrate to a recognised clearing system in due course, but there is no obligation or timeline to do so.
Non-Prospectus Status
This offering does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129 or equivalent legislation. No regulatory authority has reviewed or approved the Information Memorandum. Investors have fewer statutory protections than they would under a regulated prospectus offering.
Frequently Asked Questions
This webpage has been prepared by Hygiacura Finance Limited (Company No. 16888708, incorporated in England and Wales) for informational purposes only and in connection with its private placement of Senior Fixed Rate Notes (ISIN: GB00BWRQXL60). It does not constitute a prospectus within the meaning of Regulation (EU) 2017/1129 or the UK Prospectus Regulation. No regulatory authority has reviewed, approved, or endorsed this document or the offering described herein.
This information is directed solely at persons who are professional clients or eligible counterparties as defined under MiFID II or equivalent applicable legislation, and who are qualified investors within the meaning of applicable law. It is not intended for and must not be acted upon by retail investors or any person who does not meet the applicable investor eligibility criteria.
The Notes have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended), and may not be offered, sold, or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act).
Investment in the Notes involves significant risk, including the risk of loss of all capital invested. The value of investments and any income from them may fall as well as rise. Prospective investors should read the full Information Memorandum in its entirety, and should seek independent legal, financial, and tax advice, before making any investment decision. This webpage is a summary only and is subject in all respects to the terms of the Information Memorandum.
Hygiacura Finance Limited · Company No. 16888708 · Registered in England and Wales · Issue Date: 31 January 2026