Fri 24th July 15 :

Rhino launches Rugby Bonds


Rhino Rugby, the world's leading supplier of technical training equipment for rugby and one of the game's fastest growing brands, has followed the recent example of Wasps in issuing a bond to fund their expansion plans. Launched on Friday 24th July, Rhino Rugby Bonds will pay 7.5% interest and mature in 2020; applications for the scheme are now open and will close at 13:00 on Friday 18th September 2015.

Commenting on the new initiative, Rhino Chief Executive Reg Clark, said: "We have monitored this sector closely for some time, and it seems to us that a buoyant market for retail bonds and a surge in interest in rugby generally is the perfect backdrop for us to seek expansion finance.

"Since taking control of Rhino in late 2006, the current management team have expanded the brand - both geographically and product wise - extremely aggressively, and we are being offered some very interesting further opportunities which we would like to be able to exploit".

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