Eleving Group has announced unaudited results for the 12M ended on 31 December 2023. The Group has recorded EUR 77.2 mln in EBITDA and EUR 191.1 mln in revenues.
Eleving Group has just raised EUR 10 mln for its business in the Romanian market. The funding has been raised from ACP Credit, Central Europe's leading provider of financing solutions for middle-market businesses, and is made available to Mogo Romania, a subsidiary of Eleving Group.
Eleving Group has announced unaudited results for the nine months ended on 30 September 2023. The Group recorded a healthy financial performance during the quarter, with revenues of EUR 136.0 mln, while the net portfolio reached EUR 327.3 mln, a growth of 11% QOQ.
Fitch Ratings has assigned Eleving Group's (B-/Stable) EUR50 million senior secured bonds due in October 2028 (ISIN: DE000A3LL7M4) a final rating of 'B-' with a Recovery Rating of 'RR4'.
Following the exchange of Mogo AS 2021/2024 bonds and the public offering of Eleving Group 2023/2028 bonds, the Group issues EUR 50 mln senior secured and guaranteed bonds (ISIN DE000A3LL7M4).
Eleving Group today started the public offering in Estonia, Latvia, and Lithuania of the new EUR 2023/2028 bonds with ISIN (DE000A3LL7M4). The public offering in Germany will start on October 4. Investors can subscribe to the bonds through their custodian banks until October 20.