Mapon announces fixing coupon rate for a floating-rate bond effective from 31 March 2025. 

Mapon bonds with ISIN LV0000860161, coupon of 5% + 3-month EURIBOR, maturity on 8 March 2027, new coupon rate for period from 31 March 2025. and ending on 29 June 2025 is 7.365%. The coupon for this period will be paid on 30 June 2025.

Mapon, a Draugiem Group company, is one of Northern Europe’s leading fleet management and asset-tracking solution providers. The company has over 30,000 clients and a broad network of partners across Europe, the US, Latin America, Australia, and Africa. Mapon employs more than 200 professionals in offices in Latvia, Lithuania, Estonia, Finland, Sweden, Denmark, and Spain.