English | 简体中文 | 繁體中文 | 한국어
Share:
FERRATUM OYJ: EUR 100 million unsecured bonds of Ferratum Capital Germany GmbH listed on Prime Standard of Frankfurt Stock Exchange
Ferratum Oyj: EUR 100 million unsecured bonds of Ferratum Capital Germany GmbH listed on Prime Standard of Frankfurt Stock Exchange

Helsinki, 9 November 2018 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ("Ferratum" or the "Group") announces that the EUR 100 million of senior unsecured bonds with ISIN: SE0011167972  of Ferratum Capital Germany GmbH (a wholly owned subsidiary of the Group) have been listed on the Prime Standard of the Frankfurt Stock Exchange.

The EUR 100 million of senior unsecured bonds with a tap option of EUR 50 million have a coupon of 3 months Euribor plus 5.50 per cent p.a. and a tenor of four years, and are also listed on Nasdaq Stockholm with ISIN: SE0011167972.

Jorma Jokela, CEO of the Group commented:

"This is a new milestone for Ferratum, as a bond of this size enables us to list a fixed income instrument  for the first time on the Prime Standard of the Frankfurt Stock Exchange, alongside our equity shares.

Our core strategy of delivering sustainable, profitable growth depends on having the balance sheet strength to finance our operations and growth initiatives. The EUR 100 million bond has further strengthened our balance sheet and enabled us to refinance two earlier bonds totalling EUR 45 million on more favourable terms."

About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 25 countries across Europe, Africa, South and North America and the Asia-Pacific region.

As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum's mobile bank, launched in 2016, is an innovative mobile banking platform offering a range of banking services, including real time digital payments and transfers, within a single app. It is currently available in five European markets. Ferratum has approximately 2 million active and former customers who have an account or have been granted one or more loans in the past (as at 30 June 2018), of which over 780,000 customers have an open Mobile Bank account or an active loan balance in the last 12 months.

Ferratum Group is listed on the Prime Standard of the Frankfurt Stock Exchange under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

Ferratum Group 
Dr. Clemens Krause
Chief Financial Officer and Chief Risk Officer
T: + 49 (0) 30 921005844
E: [email protected]

Ferratum Group 
Emmi Kyykkä
Deputy Head of Investor Relations
T: +41 79 940 6315
E: [email protected]

UK / European media enquiries:
Smithfield, A Daniel J Edelman Company
Alex Simmons | Brett Jacobs
T: +44 20 3047 2543 | +44 20 3047 2537
E: [email protected]
E: [email protected]



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FERRATUM OYJ via Globenewswire

Copyright © Thomson Reuters 2019. All rights reserved.
Press Releases
Cristina Stenbeck, Erik Mitteregger and Mario Queiroz will not stand for re-election in 2019, and the Nomination Committee proposes two new Directors to the Kinnevik Board  
Jan 18, 2019 08:00 ET
Bavarian Nordic Announces Exercise of USD 44 Million Option by the U.S. Government under Contract for Freeze-dried MVA-BN® Smallpox Vaccine  
Jan 18, 2019 07:15 ET
Ethan Allen Announces Earnings Release Date for Fiscal 2019 Second Quarter Results  
Jan 17, 2019 22:30 ET
Ossur Hf : Q4&FY 2018 Results - Conference call Tuesday 5 February at 9:00 CET  
Jan 17, 2019 13:42 ET
REC Silicon - Presentation at the Pareto Securities Power and Renewable Energy Conference 2019  
Jan 17, 2019 13:40 ET
INGREDION TO RELEASE 2018 FOURTH-QUARTER AND YEAR-END FINANCIAL RESULTS AND HOLD CONFERENCE CALL AND WEBCAST ON TUESDAY, FEBRUARY 5, 2019  
Jan 15, 2019 01:59 ET
Eastman Schedules Fourth-Quarter and Full-Year 2018 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast  
Jan 10, 2019 23:29 ET
Particle Sciences strengthens nanomilling offering with new API screening program  
Jan 9, 2019 21:59 ET
Lubrizol Performance Coatings Group Introduces New Blog Page  
Jan 8, 2019 22:29 ET
Verisk Launches Black Box 3  
Jan 8, 2019 21:59 ET
More News >>
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: