By Susanna Moon
Chicago, Nov. 28 – AS mogo said it is selling €10 million of 10% bonds due March 31, 2021.
The placement is organized by AS BlueOrange Bank.
The bond issue will be structured as a private placement for professional investors with a minimum subscription amount of €100,000, according to a company announcement.
mogo is a Riga, Latvia-based lender against vehicles already owned by clients. The company operates in Latvia, Estonia, Lithuania and Georgia.
| Issuer: | AS mogo
|
| Issue: | Bonds
|
| Amount: | €10 million
|
| Maturity: | March 31, 2021
|
| Manager: | AS BlueOrange Bank
|
| Coupon: | 10%, payable monthly
|
| Announcement date: | Nov. 28
|
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