Fixing of Sun Finance bond coupon rate
Sun Finance announces fixing of coupon rate for the floating-rate bond effective from 30 September 2023.
The new coupon rate for the unsecured bonds with quarterly interest rate fixing listed on Nasdaq First North is as follows:
LV0000860112, maturity in September 2025, coupon rate for the period from 30 September 2023 until 30 December 2023 (including) is now 14,941%.
The previous coupon rate for the unsecured bonds with quarterly interest rate fixing listed on Nasdaq First North was following:
LV0000860112, maturity in September 2025, coupon rate for the period from 30 June 2023 until 29 September 2023 (including) was 14,554%.
About Sun Finance Group and Sun Finance Treasury Limited
Sun Finance Treasury Limited is 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 eight countries across four continents, with headquarters in Riga, Latvia. Sun Finance has more than 12 million registered customers and employs more than 1400 people, 180 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.
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