Fri 2nd Dec 2016 - BrewDog issues £10m mini-bond on Crowdcube BrewDog issues £10m mini-bond on Crowdcube: Scottish brewer and retailer BrewDog has launched a mini-bond campaign on crowdfunding platform Crowdcube as it looks to continue expansion. The company is seeking to raise as much as £10m through its mini-bond, paying 7.5% interest per annum over four years. The minimum investment for the BrewDog Bond is £500 – and it will be paying out the return bi-annually. The pitch states: “BrewDog has retained a strong financial record in its first nine years of trading. The company has been profitable every year since 2008, and reported UK sales growth of 131% in 2015. Over the past five years, the craft brewery’s average annual operating profit growth has been 109%, and the projected turnover for 2016 is set to reach in excess of £70m. The BrewDog Bond will help us to expand into more international markets, as well as invest in the Aberdeenshire brewery to help keep up with ever-increasing demand from European markets. BrewDog will also be investing in its new American facility in Columbus Ohio, harnessing the burgeoning US craft beer market. BrewDog’s growing bar division will also benefit from this raise, as it continues to offer more people the opportunity to explore amazing craft beer in more cities around the globe. BrewDog is one of the world’s most successful crowdfunded businesses. Since launching the first ever round of Equity for Punks in 2009, BrewDog has accrued a 50,000-strong army of craft beer crusaders, who have collectively invested more than £26m to date. Having such an engaged community means BrewDog has not only generated significant investment for the business, but has also fostered a community of people who care about its future.” The company added: “We will dispatch to bondholders an exclusive BrewDog ID card that can be used to secure a 10% discount in all BrewDog bars, whether in the UK or overseas. Plus the cardholder will receive a free beer on their birthday, on us, and £10 of BrewDog beer bucks to redeem in one of our bars. Each and every BrewDog Bondholder will also receive a discount on their online purchases of 20%!” It is the second time BrewDog has launched a mini-bond on Crowdcube, with its first in September last year raising nearly £2.5m.