BAMBOO BOND INTEREST

 

Prior to the bondholders voting to sell the bond on October 2013, all 285 bondholders received the following interest payments:

Principal: $50,000 - 11.0%

Principal: $27,500 - 10.0%

Principal: $16,500 - 8.34%

Such payments matched all advertising material and contractual obligations.

 SALE OF THE BOND

 

In 2013 EcoPlanet Bamboo received a purchase offer for the Rio Kama plantation from the Eco Resources Fund. Bondholders were provided the terms of this offer and requested to vote. Sale of the plantation and the associated bamboo bond required a 75% majority.

  • Approval of sale: 282 votes - 98.9%

  • Disapproval of sale: 1 vote - 0.4%

  • No reply: 2 votes or 0.7%

In 2016 Chris Lang of REDD Monitor published a series of poorly researched and misinformed articles on EcoPlanet Bamboo UK, the Bamboo Bond and the Eco Resources Fund. 

This site provides information on the development, sale and payouts associated with the Bamboo Bond.

REDD MONITOR
Citadel / Highpoint Trustees developed and sold the 2012 bamboo bond in partnership with Property Frontiers. EcoPlanet Bamboo was the project development partner. 
 

EcoPlanet Bamboo Investments

EcoPlanet Bamboo investment into bamboo plantations - Nicaragua, South Africa and Ghana. EcoPlanet Bamboo is the world's largest owner of commercial bamboo farms. Troy Wiseman, EcoPlanet Bamboo CEO is a serial entrepreneur with a heart for people. Camille Rebelo, EcoPlanet Bamboo co-founder is a global bamboo expert. EcoPlanet Bamboo manufactures bamboo products under sustainable technology solutions. EcoPlanet Bamboo investments are triple bottom line and all plantations are deforestation free. - Troy Wiseman EcoPlanet Bamboo CEO