Hotel Chocolat raises £3.7 million with chocolate bond

Hotel Chocolat said it will use the funds raised through its chocolate bond to open new retail outlets and create new jobs and expand its factory in Cambridgeshire, in the UK. "This was prompted by our customers asking how they could get more involved with the company," said Hotel Chocolat CEO Angus Thirlwell. "We found a way of inviting them to invest in our development plans in exchange for a return paid in chocolate. And we have been bowled over by their response."

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