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Published on 12/7/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Multitude plans redemption of Ferratum bonds with note proceeds

Chicago, Dec. 7 – Multitude SE announced that it would be using the proceeds from a new offering of €50 million of bonds for the early redemption of Ferratum Capital Germany GmbH’s outstanding bonds due in April 2023 (ISIN: SE0012453835).

According to the Prospect News archive, the €40 million of Ferratum bonds with a one-year tenor priced in April 2022.

Multitude is a Helsinki-based financial services provider. It was previously named Ferratum Oyj.


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