Multitude SE: Approval of written procedure and amendments to the terms and conditions of its senior bonds due 2025
June 11, 2024 at 08:31 am EDT
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EQS-News: Multitude SE
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Multitude SE: Approval of written procedure and amendments to the terms and conditions of its senior bonds due 2025
11.06.2024 / 14:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
Multitude SE: Approval of written procedure and amendments to the terms and conditions of its senior bonds due 2025
Multitude SE (the "Company") today announces the successful completion of the written procedure that was initiated on 16 May 2024 in relation to the Company's senior unsecured floating rate bonds with ISIN NO0012702549 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal").
A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal.
The amendments will become effective when the Company and the agent enter into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 2 of the notice of written procedure.
For further information, please contact:
Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-mail: lasse.makela@multitude.com
About Multitude SE:
Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs overlooked by traditional banks. The services are provided through three independent business units, which are served by our internal Banking-as-a-Service Growth Platform. Multitude’s business units are consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking (Multitude Bank). Multitude Group employs over 700 people in 25 countries and offers services in 16 countries, achieving a combined turnover of 230 million euros in 2023. Multitude was founded in Finland in 2005 and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'FRU'.
11.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
Multitude SE
Ratamestarinkatu 11 A
00520 Helsinki
Finland
E-mail:
ir@multitude.com
Internet:
https://www.multitude.com/
ISIN:
FI4000106299
WKN:
A1W9NS
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Stockholm
Multitude SE is a financial technology (FinTech) company. The Company is engaged in offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechâs overlooked by traditional banks. The services are provided through three independent business units, which are served by its internal Banking-as-a-Service Growth Platform. The Companyâs business units are consumer banking (Ferratum), small and medium-sized enterprises (SMEs) banking (CapitalBox), and Wholesale Banking (Multitude Bank). Its products under the Ferratum brand include Micro Loan, Plus Loan, Prime Loan, and Credit Limit. SMEâs banking business unit provides essential financial solutions to SMEs through its credit lines and installment loans under the brand of CapitalBox. Its products under the CapitalBox brand include Installment Loans, Credit Line, Secured Loan, and Purchase Finance (BNPL). Multitude Bank is engaged in offering Secured Debt and Payment Solution.
MULTITUDE SE 
