Craft brewer Innis & Gunn has offered consumers the chance to invest in a £3m mini-bond, as it seeks funding for a new brewery in Scotland.
The company’s BeerBond is a four-year, initial fixed-term mini-bond offering 7.25% gross interest for investments starting at £500. Investors can opt to receive returns in the form of cash or so-called BeerBucks, which boast an improved interest rate of 9% and can be redeemed as payment for Innis & Gunn beers from its online store. Running until 16 June, the program will also give all investors a 12.5% discount on its beers.
The Edinburgh-based producer has said that it will use the investments to finance a brewery, bottling line and barrel store in southeastern Scotland, which it expects will create an additional 35 jobs for the local economy.
The company revealed its plans for the investment in a new video.
Innis & Gunn founder and CEO Dougal Gunn Sharp said: “At Innis & Gunn, we’ve always been fanatical about ingredients and brewing, and creating awesome, incredible-tasting beers, which push the boundaries even further. We believe that flavour is the most important thing, it’s what gets us all out of bed in the morning. We want drinkers to love our beer, to find tastes, flavour and textures that they’ve never experienced before.
“Our state-of-the-art brewery is where we will get even more creative and make epic new beers for craft beer drinkers to enjoy. The BeerBond is all about inviting our fans and the craft beer community to invest to help us build this brewery – and we hope they’ll join us on this exciting new venture for Innis & Gunn.”
© FoodBev Media Ltd 2024