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Published on 11/28/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Latvia’s DelfinGroup reports €3.65 million of bonds exchanged

Chicago, Nov. 28 – DelfinGroup AS reported that bondholders representing €3,649,000 of the €10 million bonds due Nov. 25, 2023 (ISIN: LV0000802536) participated in an exchange offer, according to a notice.

After the exchange, there will be €6,351,000 of the bonds due 2023 outstanding.

Bondholders were offered new bonds, receiving a premium of 1%.

Signet Bank AS was in charge of the exchange offer.

After the exchange offer ended, the group said it redeemed all €10 million of the bonds in full.

DelfinGroup AS is a Latvian-based consumer lending company.


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