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Eleving Group SA

01/25/2023 | Press release | Distributed by Public on 01/25/2023 02:02

Fixing of Eleving Group bond coupon rate

Eleving Group
Uzņēmuma paziņojums

Fixing of Eleving Group bond coupon rate

Eleving Group announces fixing coupon rate for a floating-rate bond effective from 1 January 2023

The new coupon rate for a subordinated bonds with half yearly interest rate fixing listed on Nasdaq First North is as follows:

· ELEVFLOT31FA, maturity in 2031, coupon rate for period from 1 January 2023 until 30 June 2023 is now 14.7%.

About Eleving Group

"Eleving Group" comprises several international and fast-growing financial technology companies with a global presence. The Group operates in the vehicle and consumer finance segments on three continents, providing financial inclusion and disruptively changing financial services industries in its countries of operation. Founded in 2012 in Latvia and expanded across the Baltics within its first year in business, the Group continued expansion in the following years, servicing 14 active markets as of the end of the second half of 2022.

With its headquarters in Latvia, the Group operates in the Baltics, Central, Eastern, and South-Eastern Europe, Caucasus, Central Asia, and Eastern Africa.

Read more: www.eleving.com.

Toms Vecvagars

AS "Eleving Vehicle Finance"

Investor Relations Manager

Phone: (+371) 28637185

Email: [email protected]