DelfinGroup registers new subordinated unsecured notes issue in amount of EUR 5 million
In order to further diversify the company’s funding structure, on 29 May 2024, AS DelfinGroup has submitted documents to Nasdaq CSD, to register new unsecured notes issue with the following characteristics:
ISIN |
LV0000870145 |
Type of security |
Subordinated unsecured notes |
Issue size |
EUR 5,000,000 |
Nominal value of 1 note |
EUR 1,000 |
Annual coupon rate |
3M EURIBOR + 11.00% |
Coupon payment frequency |
Monthly |
Maturity |
25 May 2029 |
Principal repayment |
At maturity |
Notes issue will be structured as a private placement with EUR 100,000 minimum investment.
Notes issue is arranged by Signet Bank AS.
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About DelfinGroup
AS DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 branches across Latvia and Lithuania. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.
For further information, please contact: Aldis Umblejs, DelfinGroup Chief Financial Officer Phone: +371 26189988 E-mail: IR@delfingroup.lv
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