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 Emīls 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.