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EQS-News

Eleving Group prices EUR 200 million senior secured bonds at 9% in private placement – EUR 25 million exchange offer to follow 01.10.2026, 20:30 Uhr von EQS News Jetzt kommentieren: 0

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EQS-News: Eleving Group S.A. / Key word(s): Bond
Eleving Group prices EUR 200 million senior secured bonds at 9% in private placement – EUR 25 million exchange offer to follow

01.10.2026 / 20:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Eleving Group has priced its new EUR 200 million senior secured and guaranteed bonds (ISIN XS3517354141) at a fixed interest rate of 9% per annum with issue price at par. The proceeds will primarily be used to refinance the Group’s EUR 90 million bonds maturing in 2028 (ISIN DE000A3LL7M4), refinance part of its liabilities on Mintos, and support the continued development of the Group’s loan portfolio.

“We are very pleased with the strong interest from international institutional investors in our private placement. Despite current capital markets volatility, demand for the new bonds was strong, with the offering close to 1.5 times oversubscribed. We are also very satisfied with the coupon rate achieved, which reflects increasing investor confidence in Eleving Group and our established position in the international capital markets. We greatly value the continued trust and support of our international investor base,” said Modestas Sudnius, CEO of Eleving Group.

In addition, Eleving Group hereby informs holders of its outstanding bonds (ISIN DE000A3LL7M4) of its intention to exercise its right to redeem the bonds. Eleving Group has allocated EUR 25 million of the new bond issue to the exchange offer for holders of its outstanding bonds (ISIN DE000A3LL7M4). The exchange offer is expected to commence on or around 6 October to 20 October 2026, subject to approval of the prospectus by the Luxembourg Commission for the Supervision of the Financial Sector (Commission de Surveillance du Secteur Financier – “CSSF”). Further information on the exchange offer, including its terms and conditions, will be provided following the approval of the prospectus.

The new bonds (ISIN XS3517354141) are expected to be admitted to trading on the Regulated Market of the Frankfurt Stock Exchange (General Standard) and the Baltic Regulated Market of Nasdaq Riga on or around 20 October 2026.

Eleving Group mandated Gottex Brokers SA, BCP Securities Inc., and Signet Bank AS as Joint Managers and Joint Bookrunners. Bankhaus Scheich Wertpapierspezialist AG acted as Sales Agent, Aalto Capital (Munich) supported Eleving Group in its capacity as Financial Adviser.
 
The Home Member State of Eleving Group, pursuant to Article 2(1)(i) of Directive 2004/109/EC, is Luxembourg.

About Eleving Group

Eleving Group is a publicly listed international financial technology company founded in 2012. Today, the group operates in 18 countries across three continents, providing vehicle, smartphone and consumer financing services. Since its founding, Eleving Group has served more than 2.2 million registered users. The group employs over 4,600 people across its operations. The company’s headquarters are located in Riga, Latvia.

Since October 16, 2024, the Eleving Group shares have been listed on both the Nasdaq Baltic Official List and the Frankfurt Stock Exchange Prime Standard.

Additional information:
Elīna Dobulāne
Group’s Chief Corporate Affairs Officer, Eleving Group
elina.dobulane@eleving.com +371 25959447


01.10.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: Eleving Group S.A.
8-10 avenue de la Gare
1610 Luxembourg
Luxemburg
Internet: www.eleving.com
ISIN: LU2818110020, XS2393240887
WKN: A40Q8F , A3KXK8
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX; SIX
LEI Code: 894500N14T2GUDX0FL66
EQS News ID: 2409204

 
End of News EQS News Service

2409204  01.10.2026 CET/CEST

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Dis­clai­mer: Die hier an­ge­bo­te­nen Bei­trä­ge die­nen aus­schließ­lich der In­for­ma­t­ion und stel­len kei­ne Kauf- bzw. Ver­kaufs­em­pfeh­lung­en dar. Sie sind we­der ex­pli­zit noch im­pli­zit als Zu­sich­er­ung ei­ner be­stim­mt­en Kurs­ent­wick­lung der ge­nan­nt­en Fi­nanz­in­stru­men­te oder als Handl­ungs­auf­for­der­ung zu ver­steh­en. Der Er­werb von Wert­pa­pier­en birgt Ri­si­ken, die zum To­tal­ver­lust des ein­ge­setz­ten Ka­pi­tals füh­ren kön­nen. Die In­for­ma­tion­en er­setz­en kei­ne, auf die in­di­vi­du­el­len Be­dür­fnis­se aus­ge­rich­te­te, fach­kun­di­ge An­la­ge­be­ra­tung. Ei­ne Haf­tung oder Ga­ran­tie für die Ak­tu­ali­tät, Rich­tig­keit, An­ge­mes­sen­heit und Vol­lständ­ig­keit der zur Ver­fü­gung ge­stel­lt­en In­for­ma­tion­en so­wie für Ver­mö­gens­schä­den wird we­der aus­drück­lich noch stil­lschwei­gend über­nom­men. Die Mar­kets In­side Me­dia GmbH hat auf die ver­öf­fent­lich­ten In­hal­te kei­ner­lei Ein­fluss und vor Ver­öf­fent­lich­ung der Bei­trä­ge kei­ne Ken­nt­nis über In­halt und Ge­gen­stand die­ser. Die Ver­öf­fent­lich­ung der na­ment­lich ge­kenn­zeich­net­en Bei­trä­ge er­folgt ei­gen­ver­ant­wort­lich durch Au­tor­en wie z.B. Gast­kom­men­ta­tor­en, Nach­richt­en­ag­en­tur­en, Un­ter­neh­men. In­fol­ge­des­sen kön­nen die In­hal­te der Bei­trä­ge auch nicht von An­la­ge­in­te­res­sen der Mar­kets In­side Me­dia GmbH und/oder sei­nen Mit­ar­bei­tern oder Or­ga­nen be­stim­mt sein. Die Gast­kom­men­ta­tor­en, Nach­rich­ten­ag­en­tur­en, Un­ter­neh­men ge­hör­en nicht der Re­dak­tion der Mar­kets In­side Me­dia GmbH an. Ihre Mei­nung­en spie­geln nicht not­wen­di­ger­wei­se die Mei­nung­en und Auf­fas­sung­en der Mar­kets In­side Me­dia GmbH und de­ren Mit­ar­bei­ter wie­der. Aus­führ­lich­er Dis­clai­mer