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
Lubrizol Engineered Polymers Signs Agreement with The Institute of Chemical Technology in India  
Mar 22, 2019 20:29 ET
Nokia comments on market rumors related to its annual report on Form 20-F  
Mar 22, 2019 15:46 ET
Klövern AB (publ): Klövern's Annual report and Sustainability report for 2018  
Mar 22, 2019 14:36 ET
Lubrizol Engineered Polymers Signs Agreement with The Institute of Chemical Technology in India  
Mar 22, 2019 13:00 ET
Hexagon Composites ASA: Mandatory notification of trade - options  
Mar 22, 2019 07:55 ET
Novartis plans for Alcon spin-off on April 9, 2019  
Mar 22, 2019 07:00 ET
INGREDION INCORPORATED DECLARES QUARTERLY DIVIDEND OF $0.625 PER SHARE  
Mar 21, 2019 01:59 ET
Verisk Joins Effort to Fight Patent Trolls  
Mar 19, 2019 23:31 ET
Lubrizol Expands Again with New TPU Line in Songjiang  
Mar 19, 2019 23:29 ET
Lubrizol Completes Acquisition of Laboratoire Phenobio  
Mar 18, 2019 21:29 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: