"David and his team have been great to work with – the launch of our second bond has gone like clockwork and I put this down to dealing with a wonderful team that know exactly what they are doing with a highly professional approach."
Rupert Lee-Browne, Founder & Chief Exectuvie - Caxton fxIn detail
Caxton raised £5 million from the issue of the Caxton FX Bond:2 and proceeds were used to invest in new product development and overseas expansion.
Launched in 2002, Caxton FX is a foreign exchange company that has become an entrepreneurial success story. Since issuing its first retail corporate mini bond in 2011, which Memery Crystal also advised on, Caxton FX has achieved over 85% growth in turnover, seen a 54% rise in profits, surpassed 200,000 customers and was named one of the Top 50 businesses leading Britain by Deloitte.
David Walker commented: “We are delighted to have assisted Caxton FX once again with the development and issue of the Caxton FX Bond:2, which will be an important tool in financing its further growth. Having worked on more retail corporate mini bonds than any other UK law firm, we are excited about the benefits they have brought to so many companies and organisations across a wide range of sectors, and that they are continuing to gain in popularity.”
Amount Raised £5m