Naked Wines looks to raise £3m through new bonds scheme

On the heels of securing an additional £6.4 million from co-founding shareholder of the company, Naked Wines has announced it will be issuing Naked Fine Wine Bonds in effort to raise a further £3m.

At the end of August Naked Wines, founded by Rowan Gormley, pictured, received additional funding from German wine company, WIV Wein International AG, which brings the total amount invested by WIV in the online retailer to £15.4m.

The new bond scheme will be offering investors the opportunity to buy bonds that will mature in three years and will offer returns of 7%in cash or 10% if the interest is paid in wine credits. Investors can buy between £500- £10,000 pounds worth of securities.  The risk is that should the company become insolvent, the investors may not be able to recoup their initial investment. 

The bond offer launched on September 2, and will remain open for four weeks, with a minimum requirement of selling £1m and a maximum of £5m worth of bonds before the offering closes on September 29.

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions "Participating in Online Communities". These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the "report this post" button or email

Sign in

Newsletter Sign-up

I wish to receive the following newsletters:

Subscriber only alerts:

Twitter Facebook YouTube Linkedin