Memery Crystal advises Harlequins on the development of the Harlequin FC Bond

As the leading law firm for corporate mini-bonds, Memery Crystal has helped many prominent sports clubs to leverage this form of alternative finance to raise funds and effectively engage their fans, including Surrey County Cricket Club and The Jockey Club.  Having completed £1billion of retail and corporate mini-bonds in the last  two years, Memery Crystal provides expertise to its clients on this type of alternative finance, as well as other raising options across debt and equity as well as the ways in which to raise, be it directly or through the growing number of leading edge crowdfunding platforms.

The development of the Harlequin FC Bond further highlights the strength and depth of experience the Memery Crystal Alternative Finance team possess.

All applicants for the Harlequin FC Bond (whether or not their Application is successful), will be eligible to join the Quarters Club. Members of the Quarters Club will have access to exclusive offers and be able to take part in exclusive events with Harlequins.

The Memery Crystal team was led by Lesley Gregory, CEO, and David Walker, corporate partner, who commented: ‘We are delighted to have advised Harlequin FC with the development of the Harlequin FC Bond. This is an exciting year for Harlequin FC, celebrating their 150^th anniversary and the launch of this bond will enable the Club and its members to continue building and growing the Harlequins brand.’

David Ellis, Chief Executive of Harlequin FC said: “I am delighted to announce the launch of the Harlequin FC Bond and to offer our supporters the opportunity to be part of the next chapter of Harlequins’ 150 year anniversary.”

Editors notes:

The Harlequin FC Bond is a non-transferable, non-convertible corporate mini-bond of a five year initial fixed-term offering interest at a 5.5% fixed gross rate per annum, paid in cash semi-annually.

For more information please contact:

David Walker, Partner
T: +44 (0) 20 7242 5905