22 December 2016
Ferratum Bank plc (“Ferratum”), the Maltese banking subsidiary of Ferratum Oyj, has listed a €25m debt security on the European Wholesale Securities Market (EWSM).
The notes, due 15 March 2020, with a coupon rate of 3 months EURIBOR plus 6.25% pa, were issued under Ferratum’s recently established €60m bond issuance programme and are guaranteed by Ferratum Oyj. It is Ferratum’s second bond programme to be listed on the EWSM.
Ferratum Oyj and its subsidiaries form the Ferratum Group, headquartered in Finland, which is a leading international provider of mobile consumer loans and small corporate loans. The group is currently in operation in 23 countries across Europe, North America and the APAC region.
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