Ferratum Oyj: Repayment of Ferratum Capital Germany GmbH bond
Helsinki, 24 June 2019 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ("Ferratum" or the "Group") announces that, Ferratum Capital Germany GmbH (a wholly owned subsidiary of the Group) has repaid a EUR 25 million 4.875% bearer bond due June 2019 (ISIN: DE000A2AAR27) with proceeds from the EUR 80 million of senior unsecured bonds that Ferratum Capital Germany GmbH successfully placed in April 2019 .
The EUR 80 million of senior unsecured bonds have a coupon of 3 months Euribor plus 5.50 per cent p.a. and a tenor of four years, and are listed on Nasdaq Stockholm and Frankfurt Stock Exchange with ISIN: SE0012453835.
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 794,000 active customers that have an open Mobile Bank account or an active loan balance in the last 12 months (as at 31 March 2019).
Ferratum Group is listed on the Prime Standard of 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
Paul Wasastjerna
Head of Fixed Income Investor Relations
T: +358 40 7248247
E: [email protected] |
Ferratum Group
Jochen Riechert
IR & Capital Markets Advisor
T: +49 170 444 2006
E: [email protected] |
Ferratum Group
Emmi Kyykkä
Head of Group Communications & Investor Relations
T: +41 79 940 6315
E: [email protected] |
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