By Rebecca Melvin
Concord, N.H., April 8 Multitude SE unit, Ferratum Capital Germany GmbH, has completed a 40 million subsequent bond issue under its existing senior unsecured bond framework, maturing April 2023 (ISIN: SE0012453835), according to a company news release.
The bond priced at 99 and brings the outstanding volume of the 5½% bond issue to 120 million.
Pareto Securities was the bookrunner of the issue, for which proceeds, together with group cash on hand, will be used to repay the groups outstanding bonds due May 25, 2022 (ISIN: SE0011167972) and to execute growth and business strategies.
The new notes will be listed on the Nasdaq Stockholm and Frankfurt Stock Exchange Prime Standard.
Multitude is a Helsinki-based financial services provider. It was previously named Ferratum Oyj.
| Issuer: | Ferratum Capital Germany GmbH
|
| Guarantor: | Multitude SE
|
| Amount: | 40 million
|
| Issue: | Bonds
|
| Maturity: | April 24, 2023
|
| Bookrunners: | Pareto Securities
|
| Coupon: | 5½%
|
| Price: | 99
|
| Announcement date: | April 8
|
| ISIN: | SE0012453835
|
| Total bonds outstanding: | 120 million
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
