‘Burrito bond’ Mexican restaurant chain in restructuring talks

UK-based Chilango in discussions about long-term planning, options and strategy

A UK-based Mexican restaurant chain that raised millions of pounds from small investors this year via a “burrito bond” scheme is in talks with restructuring experts about options for the business.

Chilango, which has 12 UK outlets, most of them in London, made headlines around the world in 2014 when it launched its version of the bond with its quirky name, and earlier this year announced it had pulled in £3.7m from hundreds of small investors who had signed up for “burrito bond 2”.

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