Ferratum unit gives tender results for certain floating-rate bonds

Chicago, June 24 – Finland-based Ferratum Oyj subsidiary Ferratum Capital Germany GmbH announced the results of its tender offer for bondholders who wished to subscribe to new hybrid bonds, according to a press release.

The bondholders could subscribe for up to €50 million of the new hybrid bonds, which were announced as placed by Multitude SE.

Accordingly, noteholders had €15,629,000 of the outstanding senior floating-rate bonds maturing on May 25, 2022 (ISIN: SE0011167972) repurchased at 101.5 and €19,946,000 of the floating-rate bonds maturing on April 24, 2023 (ISIN: SE0012453835) repurchased at 102.

Pareto Securities AB was the tender agent for the offer.

The issuer is a Helsinki-based provider of financial services.

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