Downing acts as a security trustee. If the borrower defaults, we can step in and sell the assets on behalf of the bondholders. When Downing takes first charge over the assets, the bondholders will be paid out first, alongside any equal-ranking creditors. The security held on each asset will be detailed in the relevant offer documents.
Please note, capital and interest are not guaranteed. These are high risk products and investors should be prepared to lose all or some of the monies they invest.