Innis & Gunn Look To Invest

Innis & Gunn is aiming to raise £3m to fund the construction of a new brewery, bottling line and barrel store through the launch of a mini-bond. The Innis & Gunn BeerBond is a four-year, initial fixed-term mini-bond offering 7.25% gross interest per year for a minimum investment of £500. The company said UK investors can also choose to purchase a "BeerBucks BeerBond" offering the equivalent of 9% gross interest per annum, with the return redeemable against beer at Innis & Gunn's online shop. The company said it is currently "in advanced negotiations" to buy land in south-east Scotland for the new brewery, which is expected to create up to 35 jobs over the next four years.