Ferratum Oyj, FI4000106299

Ferratum Oyj, FI4000106299

20.06.2017 - 07:42:45

Ferratum Oyj: Contemplated tap issue of EUR 10-15 million for Ferratum Bank p.l.c.

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 Dr. Clemens Krause, CFO T: +49 30 88715308 F: +49 30 88715309 E: clemens.krause@ferratum.com European media enquiries: Edelman.ergo, A Daniel J Edelman Company Alexander Schmidt | Andreas Martin T: +49 69 27 13 89 26 E: Alexander.Schmidt@edelmanergo.com E: Andreas.Martin@edelmanergo.com Ferratum Group Paul Wasastjerna Head of Investor Relations T: +358 40 7248247 F: +358 20 741 1614 E: paul.wasastjerna@ferratum.com UK media enquiries: Smithfield, A Daniel J Edelman Company Alex Simmons | Brett Jacobs T: +44 20 3047 2543 | +44 20 3047 2537 E: asimmons@smithfieldgroup.com E: bjacobs@smithfieldgroup.com

20.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Ferratum Oyj Ratamestarinkatu 11 A 00520 Helsinki

Finland Internet: https://www.ferratumgroup.com ISIN: FI4000106299 WKN: A1W9NS Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange   End of News DGAP News Service

584359  20.06.2017 

@ dgap.de

Vergessen Sie den DAX und Co.!

Diese 7 Top-Trades dürfen Sie sich jetzt nicht entgehen lassen: Auf Sie wartet mit nur 7 Aktien das Geschäft Ihres Lebens. Selbst wenn die Börse crashen sollte, sind Sie mit diesen 7 Aktien top positioniert. Sichern Sie sich die Namen dieser 7 Aktien jetzt kostenfrei UND schlagen Sie den DAX dieses Jahr um Längen.

>> Jetzt HIER die Namen der 7 Aktien erfahren! GRATIS!