The net proceeds of the Bonds will, together with existing cash, be used to refinance
The bond issue has attracted strong demand from existing and new investors, it will carry a floating rate coupon of 3 month Euribor plus 7.50% and was priced at 97.00% of the nominal amount. The Bonds will be listed on a regulated market within six months and on the open market of the Frankfurt Stock Exchange within 60 days (with the intention of listing within 30 days).
“We are proud of a successful bond issue under current market conditions and are pleased with the level of demand from existing and new investors. This transaction reflects the financial markets’ confidence in Multitude’s well-diversified portfolio. Following this placement, we are now focused on growing and improving our business as we move forward,” said
Fitch Ratings assigned an expected rating
For more information, please contact:
+49 173 793 1235, [email protected]
+49 173 388 7612, [email protected]
Lasse Mäkelä, Chief Strategy and IR Officer of
+41 79 371 34 17, [email protected]
About Multitude SE:
Multitude is a fully regulated fintech growth platform. Its ambition is to become the most valued financial ecosystem. This vision is backed by over 17 years of solid experience building and scaling fintech. With its full European banking license, deep technology, regulatory, cross-selling and financing know-how, Multitude enables a range of sustainable banking and financial services to grow and grow. Currently, it has three independent business units on this growth platform: Ferratum as a consumer lender, CapitalBox as a business lender, and SweepBank as a business and financial app. Multitude and its independent units employ more than 700 people in 19 countries and together generated €214 million in sales in 2021. Multitude was founded in 2005 in Finland and is listed on the Prime Standard segment of the Stock Exchange. Frankfurt under the symbol “FRU”. ‘ www.multitude.com
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