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What was it about the TVR that made it so appealing? A quick look back at TVR's past and how it finally arrived at its future.
FSP Group announces invite to investors to participate with TVR reboot and new Gordon Murray inspired Griffith
TVR, one of the iconic car brands of the 90’s, with a 70-year heritage, recently extended an invitation to qualified investors, to participate in a £25m Bond series on the Irish Stock Exchange.
Having finally received the welcome news that its designated 200,000 sq. ft production facility in the Ebbw Vale, Wales can finally begin development, TVR can now look forward to fulfilling the 600 orders for which customers have already paid deposits (£40M in pre-orders). First year’s production is completely sold out.
The Welsh Government has contributed £500,000 worth of investment to TVR, acquiring a 3% stake in the reborn car brand.
The government has also provided a £2 million loan to the company and has purchased the Ebbw Vale site where TVR’s cars will be made.
TVR, the iconic 70 year old British luxury sports car brand, is making a come back, with new leadership, a new vision and a long-term, global business and production plan.8.25% per annum coupon - paid quarterly Matures 30th April 2025 8% of funds raised lodged in escrow Available to institutional investors, professional investors, sophisticated high net worth individuals or companies
The Welsh government has investing £500,000 ($690,000) to TVR, acquiring a three-percent stake in the British automaker. The government is also sending a £2 million loan to the company and purchased the Ebbw Vale production facility where TVR plan to produce its current and future models, including the recently launched Griffith sports coupé.
Would you expect any less from an automaker known for building some of the scariest cars on the road?