BONDS
The investment concept behind Koykan bonds
A bond is essentially a loan: the investor lends funds to the company at a fixed rate of interest, and the company repays them within the agreed term under predefined conditions. The investor is not a co-owner but a creditor — first in line for repayment.
Koykan issues bonds under predefined terms and in accordance with regulations under the supervision of HANFA, at two levels: a corporate programme at the level of the parent company, which finances the development and ongoing operations of the entire platform, and bond programmes tied to an individual market and the restaurants it opens. Alongside the classic bond with a fixed return, part of the programme consists of a bond with a co-ownership option — legally a different instrument from a classic convertible bond, described on the Development bond page.
Depending on the issue, the bonds carry a fixed annual coupon, broadly in the range of 6% to 9%. The exact coupon, term and conditions are determined separately for each issue.
The yield range stated is an indication of the potential of the concept presented and depends on the terms of each individual issue; it does not constitute an offer, an invitation to invest or a guarantee of returns. The final yield, coupon and other terms are determined separately for each issue and may deviate from the range stated. Every investment carries risk, including the risk of losing the funds invested. The specific terms and risks are described in the documents for each individual issue, available after a registration of interest has been submitted.
A bond is the simplest way into Koykan: you lend funds at a fixed rate of interest and for a term known in advance, and you are not a co-owner but a creditor — first in line for repayment. Alongside the classic bond, part of the programme consists of a bond with a co-ownership option. The specific terms and all associated risks are described in the issue documentation delivered through the closed portal.
The first step is an informational conversation — with no obligation and no subscription.
The options available at bond maturity depend on the terms of each individual issue and on the platform rules in force at that time. The specific terms and risks are described in the documents for each individual issue, available after a registration of interest has been submitted.