ePrivacy and GPDR Cookie Consent by Cookie Consent News - Eleving Group
November 15, 2021

Eleving Group reports on record-high financial results for the nine months of 2021

Eleving Group (former Mogo Finance) reports unaudited results for the nine months of 2021, conclusively determining the company’s course to the best financial year in its history. The group’s revenue for nine months has been EUR 112.6 million and net profit reached EUR 9.2 million, which is an impressive leap compared to the EUR 2.5…

November 12, 2021

Eleving Group reports unaudited results for the nine months ended 30 September 2021

Record profitability as a result of steady operational and financial performance OPERATIONAL AND STRATEGIC HIGHLIGHTS Record-high nine-month (ended on 30 September 2021) disbursement of loans driven by strong q-o-q performance, reaching the quarterly CAGR of 18.4% for 2021 Key performance indicators by now already exceeding full last years` results: revenue EUR 112.6 million, EBITDA EUR…

October 12, 2021

Eleving Group raises EUR 150 000 000 and successfully completes one of the largest bond issuances in the Baltics

Eleving Group (formerly known as Mogo Finance), a Latvian head-quartered leading provider of financial solutions in Central Europe, CIS & East Africa, has issued bonds in the amount of EUR 150 million that are listed on Frankfurt Stock Exchange, thus, successfully completing one of the largest bond issuances by a private company in the Baltics.…

October 8, 2021

Eleving Group successfully issues EUR 150 million Corporate Bonds

Riga, Latvia, 8 October 2021. Eleving Group (the “Issuer”, formerly known as Mogo Finance), a Latvian head-quartered leading provider of financial solutions in Central Europe, CIS & East Africa, rated B- (stable) by Fitch Ratings, is pleased to announce the successful issue of a EUR 150 million corporate bonds (ISIN: XS2393240887) at par with an…

September 29, 2021

Eleving Group to conduct fixed-income meetings – bond offering may follow

Launch of Conditional Call of the outstanding EUR 100 million 9.5% 2022 Bonds Bond offering Eleving Group (“the Issuer”, formerly known as Mogo Finance), a Latvian head-quartered leading provider of financial solutions in Central Europe, CIS & East Africa, rated B- (stable) by Fitch Ratings has mandated Oppenheimer & Co. Inc. as sole bookrunner and…

September 29, 2021

Fitch Rates Eleving's Proposed Senior Secured Bonds 'B-(EXP)'/'RR4'

Fitch Ratings has assigned Eleving Group S.A.’s (Eleving; formerly Mogo Finance S.A.) proposed bonds an expected senior secured debt rating of ‘B-(EXP)’ with a Recovery Rating of ‘RR4’. Eleving plans to raise up to EUR200 million with a five-year maturity, which will be guaranteed and secured by pledges on the equity and loan portfolios of…