FERRATUM OYJ: Contemplated tap issue of EUR 10-15 million for Ferratum Bank p.l.c.
(Thomson Reuters ONE) -
Ferratum Oyj: Contemplated tap issue of EUR 10-15 million for Ferratum Bank
p.l.c.
Helsinki, 20 June 2017 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
announces a contemplated tap issue of EUR 10-15 million of senior unsecured
callable floating rate bonds due March 2020 (ISIN FI400023283) from the existing
EUR 60 million bond issuance program of Ferratum Bank p.l.c., the Maltese
banking subsidiary of Ferratum Oyj. The proceeds from the proposed tap issue are
intended to be used for general corporate purposes.
Pareto Securities has been engaged as lead manager and sole bookrunner. The
proposed tap issue will be directed to qualifying new and existing investors,
subject to market conditions.
A further announcement will be made in due course.
About Ferratum Group:
Ferratum is an international provider of consumer and small business loans,
distributed and managed by mobile devices. Founded in 2005 and headquartered in
Helsinki, Finland, Ferratum is a pioneer in the fields of financial technology
and mobile lending and has expanded rapidly to operate in 24 countries.
Ferratum's customers utilize digital media to apply for consumer credit in
amounts varying between EUR 25 and EUR 20,000 and small businesses instalment
loans up to EUR 100,000 with a term of six to 18 months. Led by its founder,
Jorma Jokela, Ferratum has more than 1.6 million active and former customers who
have been granted one or more loans in the past (as at March 31, 2017).
Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under
symbol 'FRU.' For more information, visit www.ferratumgroup.com.
Contacts:
Ferratum Group European media enquiries:
Dr. Clemens Krause, CFO Edelman.ergo, A Daniel J Edelman Company
T: +49 30 88715308 Alexander Schmidt | Andreas Martin
F: +49 30 88715309 T: +49 69 27 13 89 26
E:clemens.krause(at)ferratum.com E:Alexander.Schmidt(at)edelmanergo.com
E: Andreas.Martin(at)edelmanergo.com
Ferratum Group UK media enquiries:
Paul Wasastjerna Smithfield, A Daniel J Edelman Company
Head of Investor Relations Alex Simmons | Brett Jacobs
T: +358 40 7248247 T: +44 20 3047 2543 | +44 20 3047 2537
F: +358 20 741 1614 E: asimmons(at)smithfieldgroup.com
E: paul.wasastjerna(at)ferratum.com E: bjacobs(at)smithfieldgroup.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FERRATUM OYJ via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 20.06.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 548708
Anzahl Zeichen: 3252
contact information:
Town:
Helsinki
Kategorie:
Business News
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