Secured Bonds e‑Finance CZ 67

Interest Yield

The bonds carry a fixed appreciation of 9% p.a. for the first yield period (9/1/2025 to 9/30/2026), 8% p.a. for the second yield period (10/1/2026 to 9/30/2027), and 7% p.a. for the third yield period (10/1/2027 to 9/30/2028). The stated interest is fixed for the entire period and does not change regardless of any potential decrease in bank interest rates. The interest will be paid to the bondholder on 10/1/2026, 10/1/2027, and 10/1/2028.

Form of Bonds

The bonds are issued in physical form, registered to a name, and are freely transferable by endorsement, with the transfer not requiring approval and not being subject to any fees. Subscription of the bond is also carried out without any charges.

Use of Funds Obtained from Bonds

The projects in which the Issuer intends to invest include primarily the financing of the plans of e-Finance Zámek Račice, s.r.o., and e-Finance Apart Hotel, s.r.o. ("Project Companies"), from the Issuer's group ("Group"), for the purpose of refinancing the acquisition of Račice Castle and Lipová Mountain Resort, reconstruction of buildings or renovation of historically valuable elements, renovation of furniture, acquisition of movable assets, operational financing, and refinancing of provided resources.

Bond Repayment

The bonds are due on 10/1/2028, with the bondholder entitled to request an extraordinary redemption with a three-month notice period.

Subscription and Purchase of Bonds

First, you enter into a contract for the subscription and purchase of bonds, then you pay the issue price of the subscribed bonds, either by transfer to the account specified in the contract or in cash (cash only up to the equivalent of 250,000 CZK), and subsequently, the bonds will be handed over to you. Bonds can also be sent by mail as insured valuable shipments. The nominal value of one bond and the minimum investment amount is 50,000 CZK. The bond subscription contract can be concluded directly at the headquarters of e-Finance CZ, a.s. in Brno at Bratislavská 234/52, by correspondence, or after filling out the order form below.

Bond Collateral

The bonds are secured by a lien on the entire exclusive area of Račice Castle, including land covering over 50,000 m2, real estate, and the Račice Castle itself.

Download: Appraisal Report of Račice Castle, Castle Area, and Property

The pledged area of Račice Castle, which covers over 50,000 m2, consists of: 

• THE MAIN BUILDING of the castle, where there are tour rooms and circuits (1. Piano Nobile, 2. Castle cellars and economic facilities of the castle), but also 18 rooms for guest accommodation during the main tourist season. The main building also features a magnificent courtyard.
• THE FORECASTLE, where 3 newly renovated apartments in RETRO-LUX style were opened to the public in 2021. In 2022, further apartment renovations in the same style are planned. The forecourt also offers tourist accommodation in 3 apartments and 6 rooms.
• THE BELL TOWER with beautiful historical bells. The bell tower is also awaiting a sensitive renovation, allowing visitors to enjoy breathtaking views of the surrounding forests.
• THE GAMEKEEPER'S LODGE, which has been completely renovated. The lodge offers 11 luxurious apartments, a restaurant with a fireplace and bar, and a sauna with a relaxation room.
• SURROUNDING FORESTS, which directly invite for hiking and cycling trips.

Approval by CNB

The base prospectus for bonds was approved by the Czech National Bank as the competent authority under Regulation (EU) 2017/1129.
Complete decision of the CNB on the approval of the base prospectus of the bond offering program

The Czech National Bank approves this prospectus only in terms of its compliance with the standards of completeness, comprehensibility, and coherence imposed by Regulation (EU) 2017/1129. This approval should not be understood as an endorsement of the quality of the securities that are the subject of this prospectus. Investors should conduct their own assessment of the suitability of investing in these securities. We recommend that potential investors read the prospectus before making an investment decision to fully understand the potential risks and returns associated with the decision to invest in securities.

Complete Information

Download: Investment Presentation of Račice Castle

Download: Valuation Report of Račice Castle, Castle Grounds, and Property

Download: e-Finance CZ 2024 Prospectus
Download: Final Terms of Bond Issue e-Finance CZ 67.pdf 

The terms of the issue can also be reviewed at the issuer's headquarters at Bratislavská 234/52, Brno, where they are available free of charge in brochure form and on an electronic data carrier CD.