Published: 2022-08-19 15:51:05 CEST
Sun Finance Treasury Limited
Company Announcement

Sun Finance Group registers new Senior Unsecured Notes issue in amount of EUR 50 million

On 19 August 2022, Sun Finance Treasury Limited has registered new Senior Unsecured Notes issue in Nasdaq CSD with the following characteristics:

ISIN LV0000860112
Type of security Senior Unsecured Notes
Issue size EUR 50 million
Nominal value EUR 1,000
Annual coupon rate 11.00% + 3M EURIBOR
Coupon payment frequency Monthly
Maturity 30 September 2025
Principal repayment At maturity
Minimum subscription amount EUR 100,000


Notes issue will be structured as a private placement with EUR 100,000 minimum investment.

Notes issue is arranged by Signet Bank AS.


About Sun Finance Group and Sun Finance Treasury Limited

Sun Finance Treasury Limited is a subsidiary of Sun Finance Group, AS. Sun Finance is a financial technology company established in Riga, in 2017, by CEO Toms Jurjevs and co-founder EmÄ«ls Latkovskis. Sun Finance operates as an online consumer financing platform in seven countries on three continents, with headquarters in Riga, Latvia. Sun Finance has more than 9 million registered customers and employs more than 1,000 people, ~150 of whom work at the headquarters in Riga. The company is led by a team of seasoned professionals with more than 15 years of experience in managing FinTech, financial and IT companies. 

         Zanda Apine
         Investor Relations
         +371 26 398 416