Terms of Use

01 Acceptance

By accessing or using this website you agree to be bound by these terms. If you do not accept them, you should cease using the website.

02 Who we are

This site is operated by Cordoba Capital Markets Limited, a private company incorporated in the United Kingdom under registered number 14557638, of International House, 36–38 Cornhill, London EC3V 3NG. In these terms, “we”, “us” and “Cordoba” mean that company. “You” means anyone using the site.

The notes described on this site are not issued by that company. They are issued by Cordoba Capital Markets Jersey PCC, a protected cell company incorporated under the laws of Jersey under registered number 154059, whose registered office is at 44 The Esplanade, St Helier, Jersey JE4 9WG, and specifically by a separate, bankruptcy-remote protected cell of that company for each series.

03 What this site is for

The website provides general information concerning Cordoba and its activities, namely the raising of working capital for businesses in the real economy through listed profit-participating notes, together with related advisory and origination services. It is descriptive in nature and is not a substitute for the documentation governing any transaction.

04 Not an offer, not advice

Any offer of notes is made solely through the offering documents for the relevant issue, comprising the information memorandum, the applicable final terms, the subscription agreement and related documentation, and only to persons to whom such an offer may lawfully be made. Those documents govern in all respects. In the event of any inconsistency between this website and the offering documents, the offering documents prevail.

Prospective investors should read the offering documents in full and obtain independent advice as to the suitability of any investment before making an investment decision.

05 Who this site addresses

Our notes are not offered to the general public.

In the United Kingdom, material of this kind is communicated only to, and directed only at, persons who have professional experience in matters relating to investments and fall within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, persons falling within article 49(2)(a) to (d) of that Order (high net worth companies, unincorporated associations and the like), and persons to whom it may otherwise lawfully be communicated (together, “relevant persons”). It must not be acted on or relied on by anyone else, and the investment activity it relates to is available only to relevant persons.

In the European Economic Area the notes are offered only to qualified investors as defined in the Prospectus Regulation. They are not intended for, and must not be offered to, any retail investor in the EEA; no key information document under the PRIIPs Regulation has been prepared, so making them available to an EEA retail investor may be unlawful.

The notes have not been and will not be registered under the United States Securities Act of 1933. They are offered and sold outside the United States in accordance with Regulation S and may not be offered, sold, exercised, transferred or delivered into the United States except under an exemption.

The site is published from the United Kingdom. We make no representation that it is appropriate or available for use anywhere else. If you access it from another country you do so on your own initiative and are responsible for compliance with local law. The site is not directed at any person in any jurisdiction where its publication or availability would be contrary to local law or regulation.

06 Risk warning

07 Accuracy and currency

The information on this website is a summary prepared as at a particular date. No representation or warranty, express or implied, is given as to its accuracy, completeness or currency, and we are under no obligation to update it. Figures describing our activities, the programme or the portfolio are indicative and are superseded by the documentation recording the underlying facts.

08 Forward-looking statements

Certain statements on this website describe intentions, targets and expectations and are forward-looking. Such statements rest on assumptions as to conditions and events which may not prove correct, and actual outcomes may differ materially. No forward-looking statement constitutes a representation, warranty or guarantee as to any particular result.

09 Intellectual property

The content of this site (its text, design, photography, film, code, the Cordoba name, the khatam mark and the wordmark) belongs to us or to our licensors and is protected by copyright and trade mark law. The profit-participating note structure described here is our proprietary intellectual capital.

You may view the website and print or download extracts for your own reference. You may not reproduce, republish, adapt or commercially exploit any part of it, or remove any proprietary notice, without our prior written consent.

10 Acceptable use

You must not misuse this website. In particular you must not attempt to obtain unauthorised access to it or to any system connected to it, introduce any malicious code, extract data from it by automated means beyond ordinary search indexing, impose an unreasonable load upon it, or use it for any unlawful purpose.

11 Links and third parties

Where this website links to external material, or displays headlines obtained from public news feeds, that material remains the property of its publisher. We do not endorse it and accept no responsibility for it. Following an external link takes you outside these terms and outside our Privacy Policy.

12 Jersey regulatory position

The Jersey Financial Services Commission has given, and has not withdrawn, its consent under Articles 2 and 4 of the Control of Borrowing (Jersey) Order 1958 to the issuance of shares in each issuer and to the issuance of the certificates. The Commission is protected by the Control of Borrowing (Jersey) Law 1947, as amended, against liability arising from the discharge of its functions under that Law.

It must be distinctly understood that, in giving that consent, neither the registrar of companies nor the Commission takes any responsibility for the financial soundness of the protected cell company or of any issuer, or for the correctness of any statement made or opinion expressed with regard to either.

The notes do not constitute a collective investment fund for the purposes of the Collective Investment Funds (Jersey) Law 1988, on the basis that they are products designed for financially sophisticated investors. They comprise a special purpose regulated scheme for the purposes of the Financial Services (Investment Business (Special Purpose Investment Business — Exemption)) (Jersey) Order 2001, and neither the scheme nor the services of any functionary in relation to it are subject to all the provisions of the Financial Services (Jersey) Law 1998. These investments are not regarded by the Commission as suitable for any other type of investor.

The transaction structure has been reviewed and approved for compliance with the principles of Shari’a by the Shari’a advisers to the issuer. Prospective holders should not rely on that approval in deciding whether to invest, and should consult their own Shari’a advisers.

13 Portals and platforms

The Investor Portal, the Client Portal and our internal platform are separate systems, accessible from this website but forming no part of it. Access is governed by their own terms and by the agreement under which access was granted. Nothing in these terms varies those arrangements.

14 Availability

We do not warrant that this website will be available uninterrupted or free from error. We may amend, suspend or withdraw all or any part of it at any time and without notice.

15 Liability

Nothing in these terms excludes or limits our liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any other liability which may not lawfully be excluded or limited. Nothing in these terms affects any statutory right available to you as a consumer.

Subject to the foregoing, we accept no liability for any loss of profit, loss of business, loss of anticipated savings, loss of data, or any indirect or consequential loss arising from your use of this website or from reliance placed upon its contents.

16 Governing law

These terms, and any dispute or claim arising out of or in connection with them or your use of this website, are governed by and construed in accordance with the law of England and Wales. The courts of England and Wales have exclusive jurisdiction, save that a consumer resident elsewhere in the United Kingdom may also bring proceedings in that jurisdiction.

17 Changes

We may revise these terms from time to time. The version published on this page is the version in force, and the date stated at the head of the page indicates when it was last amended. Continued use of the website following an amendment constitutes acceptance of the revised terms.