Memery Crystal advises Caxton FX on issue of "Caxton FX Bonds"

The Caxton FX Bonds can be applied for by UK-based individuals and, in the case of Self Invested Pension Plans only, trusts and companies resident in the UK.  More information on the Caxton FX Bond can be found on www.caxtonfxbond.co.uk.

Caxton FX is a privately owned foreign exchange and international payments provider based in the UK. Founded in 2002, the company has grown into a significant business with over 120,000 clients and was named as “The Best Foreign Currency Provider” by Which? Money in July 2011.

The Memery Crystal team was led by corporate partner David Walker with corporate assistant Melanie Jory.

David Walker commented: “We are delighted to have assisted Caxton FX with the development and issue of its Caxton FX Bond, which will provide the company with greater reserves for its working capital.  Our experience is that corporate retail bonds are an innovative and relatively low cost and effective way for UK privately owned companies to raise funds from UK investors.”

Memery Crystal has previously advised on the successful bond issues by King of Shaves, Hotel Chocolat and Ecotricity.

Memery Crystal is a recognised leader for its corporate finance work, covering M&A, private equity and IPO/fundraising for UK and international companies.  The firm has been highly ranked for its excellence in handling M&A and IPO deals by both Chambers UK and The Legal 500, acting for public companies and off-shore funds, as well as for their nominated advisers and brokers.