Chicago, Dec. 7 – Multitude SE placed €50 million of senior bonds due in December 2025 (//B+), according to a press release.
Interest will be at Euribor plus 750 basis points, and the bonds priced at 97.
Listing will be on the Frankfurt Stock Exchange Open Market.
Pareto Securities and Jefferies acted as joint bookrunners.
Proceeds will be used to refinance Ferratum Capital Germany GmbH’s outstanding bonds maturing in April 2023.
Multitude is a Helsinki-based financial services provider. It was previously named Ferratum Oyj.
Issuer: | Multitude SE
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Amount: | €50 million
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Issue: | Senior bonds
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Maturity: | December 2025
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Bookrunners: | Pareto Securities and Jefferies
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Coupon: | Euribor plus 750 bps
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Price: | 97
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Announcement date: | Dec. 7
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Rating: | Fitch: B+
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ISIN: | NO0012702549
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