Chilango 'burrito bond' investors could lose 90% of their cash

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Bondholders of the Mexican food chain may only get 10p in the pound back

Small investors who sank millions of pounds into a “burrito bond” scheme were this week told they could face losing 90% of their money – or 99% if the company goes into administration. The Guardian revealed on 14 November that UK-based Mexican restaurant chain Chilango was in talks about the future of the business.

 

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