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Chilango launches burrito bonds to fund expansion with free food
Zone(s): Mexico ¦ Sector(s): Finance
[11 June 2014, CITY A.M.]A Mexican food chain has come up with a more appetising way of raising funds for expansion after launching a retail bond that rewards its investors with burritos.
Chilango, which was founded in 2007 by ex-Skype executives Eric Partaker and Dan Houghton, launched the new “burrito bond” yesterday on crowdfunding platform Crowdcube to raise between £1m and £3m.