King of Shaves controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
2012
Concerns over later bond redemption arrangements
A later bond issue was offered only to existing bondholders, while the ability to redeem the instruments was reportedly withheld for a number of years. The source material states that the bonds were ultimately redeemed at the end of their period.
2009
Criticism of the Shaving Bond offering
The company’s consumer bond scheme attracted criticism because the bonds were not protected by the Financial Services Compensation Scheme and because their returns depended on the company’s growth. The available reference material states that the bonds were ultimately redeemed and investors received their principal and promised interest.