Hotel Chocolat repays investors £6.4m in luxury chocolate boxes
Hotel Chocolat, a luxury confectionery retailer, has paid off bondholders who purchased “chocolate bonds” with £6.4 million worth of luxury chocolate.
The investors received the equivalent of 6.72% interest, so customers who bought a £2000 bond would receive six boxes worth £18.95 a year.
The funds were used to create 600 UK jobs by contributing to growth and new store opening across the country, as well as increasing support for cocoa growers in Ghana and Saint Lucia.
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