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Krono Partners Plc Property Bond Attends MIPIM Property Conference in Cannes, Launches New Website, and Reports 14.43% Yield from March Micro Loans
  • USA - English


News provided by

Krono Partners PLC

Mar 24, 2014, 04:00 ET

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London, UK (PRWEB UK) 24 March 2014 -- Krono Partners Plc (“Krono” or “Company”) has this month been in Cannes, France at the MIPIM Property Conference. The event is designed to link property professionals from all walks of the international property sector and is a key event in the Krono calendar. As newcomers to MIPIM last year, the Company have reported a very fruitful trip, with a number of new opportunities resulting from the three-day conference, as well as the forging of a great many new relationships.

March has also seen the launch of the new Krono Partners Plc website, http://www.kronopartners.com.

When asked about the launch, Managing Director Ivan Rosenschein commented: “We wanted to improve transparency for prospective bondholders visiting our page, as well as offering a greater level of functionality to our current bondholders.”

New features include an upgraded home page, loaded with information regarding the bond and the investments the Company has made, along with a number of bondholder reviews. The Company is also in the development stage of a new Investor Portal, offering its bondholders their own unique page, where they can view their latest interest payments and track their historical performance.

In other news, the March Micro Loans Program has seen another positive result, with a confirmed 14.43% yield via its SPV. The Company has commented that the program's continued success has been largely due to the multitude of loans made out in January, with the bulk of these having been returned midway through February and into March. The Company is reportedly making a series of new loans this month, which are due to start producing in late May and throughout June.

About Krono

Krono’s core team of management and advisors provides the necessary resources to unlock and fully realise the potential of Distressed Assets. The team comprises experienced industry professionals with years of relevant hands-on experience within the real estate sector. Krono specialises in the full spectrum of services necessary to support such Distressed Assets and enterprises. We provide operational management and legal support to optimise on-going business and provide the necessary know-how to manage the subsequent sale or liquidation of assets.

For more information about the Company, please visit http://www.kronopartners.com or contact Krono directly on:

Email: info(at)kronopartners(dot)com
Contact Number: +44 (0) 203 657 9190

Disclaimer – forward-looking statements

This Krono Partners Plc communication contains certain statements regarding future events that express the beliefs and expectations of management. Such statements are based on current expectations, estimates and forecasts on the part of company management and imply various known and unknown risks and uncertainties, which may result in actual earnings, the financial situation, growth or performance to be different from the estimates expressed or implied in the forward-looking statements. The information contained herein is not intended to act as advice or a solicitation for business and should not be construed as such.

Krono Partners, Krono Partners PLC, http://www.kronopartners.com, +44 2036579190, [email protected]

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