Spencer West Advises SSV Capital on the issue and early Redemption of £2.5 Million Convertible Loan Notes

9 April 2025

Spencer West LLP has advised SSV Capital PLC on the issue and successful early full redemption of its £2,500,000 Fixed Rate (Series I) Unsecured Convertible Loan Notes 2025, including all accrued interest up to 4 April 2025.

The successful early redemption highlights SSV Capital’s robust financial position and demonstrates the company’s commitment to delivering value to its investors ahead of schedule.

Spencer West Corporate Partner Paul Puxon, who advised SSV Capital, commented on the successful early full redemption.

“The issue of the Loan Notes and the smooth early redemption process was a collaborative team effort with SSV Capital.

“We are delighted to have advised SSV Capital on this significant transaction. The issue of the Loan Notes was a critical stage in the Company’s fund raising and the early redemption of the Loan Notes demonstrates the Company’s financial strength and strategic planning capabilities.”

“We worked closely with SSV Capital to ensure a smooth process that aligns with their growth objectives and commitment to stakeholder value.”

The transaction underscores Spencer West’s expertise in corporate finance and capital markets, reinforcing the firm’s position as a trusted advisor for companies seeking to raise finance and optimise their financial and corporate structures.

Chief executive officer of SSV Capital PLC Ankur Ghosh said Spencer West’s involvement throughout helped the company achieve its ambition to deliver value to investors ahead of schedule.

“We are in the business of exceeding expectations. Paying back the Loan Notes early is not just a financial decision – it is a statement of our integrity, operational excellence, and commitment to long-term value creation. Paul and the Spencer West team’s expertise and guidance throughout this process has been invaluable,” Mr Ghosh said.

ENDS

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Dan Speake

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Paul Puxon
Partner - Corporate & Commercial
Paul Puxon is a Partner Solicitor at Spencer West. He specialises in Corporate finance, mergers and acquisitions, stock market listings.