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Investment Evolution signs €100 million loan agreement with PKF
Chicago, April 6 – Investment Evolution Corp. signed a five-year €100 million loan agreement with PKF PCC, according to a press release on Tuesday.
The loan agreement matures on March 31, 2026 and closed April 1.
Proceeds will be used fund the planned significant expansion of IEC Credit, the company’s consumer credit business that provides consumer loans in Spain via its online lending platform.
To fund the loan, PKF Capital Markets (Seychelles) Ltd. will invest its own capital and issue an additional PKF PCC fixed-interest bond series to its institutional and high net-worth private client.
The bond series will be listed on the Seychelles Stock Exchange, MERJ Exchange Ltd. later in 2021.
Investment Evolution Corp. is a publicly listed fintech group with Eden Island, Seychelles headquarters.
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