Just looking into some more of Loop Capitals arrangements, and I stumbled across one of their "Deals" PDF'sโฆ
http:// www.ise.ie/debt_documents/Base%20Prospectus_fa364a2e-a410-439c-8f09-235def3be80b.PDF
"The Notes have not been and will not be
registered under the Securities Act or any state or foreign securities laws and, unless so registered, may not be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or foreign securities laws. "
"The Notes have not been approved or recommended by
the U.S. Securities and Exchange Commission (the
SEC) or any other federal, state or foreign securitie
s commission or securities regulatory authority or any insurance or other regulatory body. Furthermore, the foregoing authorities have not reviewed this document nor confirmed or determined the ad
equacy or accuracy of this document. Any representation to the contrary may be a criminal offense. "
Sounds a bit fishy to meโฆ Like toxic debts.