Eleving Group, a financial technology group founded in Latvia, which operates in the field of consumption and mobility financing in Central Europe, Eastern Europe, the CIS countries and the African region, and which has received a B- rating approved by the credit rating company Fitch with a stable future perspective, reports on Mogo AS 2021/2024 bond exchange results.
As reported, Eleving Group from September 26 to October 13, 2023 for the existing ones Mogo 2021/2024 bondholders were offered a bond exchange. Exchange offer Mogo 2021/2024 bond holders had the opportunity to exchange the Latvian bonds in their possession for the new ones Eleving Group for secured and guaranteed bonds (ISIN DE000A3LL7M4) with a higher fixed coupon rate of 13% and quarterly interest payments. Summarizing the submitted exchange orders, the company informs that slightly more than 50% of bondholders will exchange their Mogo AS 2021/2024 bonds.
2023-10-18 06:27:48
#Eleving #Group #observes #great #interest #investors #public #offering #bonds #continue #October
