What happens if a loan or bond is prepaid early?

Companies may prepay their loans at any time without penalty. If a company prepays a loan, you will receive your pro rata share of the payment minus our Services Fee due.

Companies may prepay their bonds at any time but may be subject to a prepayment premium or fee. Whether or not there is a premium to pay will be dependent on whether the prepayment occurs during a call periods (these call periods and the premiums can be found in the company description section for each bond investment).

Investing in wiseAlpha Notes involves risks including potential illiquidity and loss of investment. Our Notes are not deposit based or capital protected and are not covered by the Financial Services Compensation Scheme.The interest rate on our products is not comparable to that of a bank savings account. See Risk Statement.

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