Eleving Group 2021/26 bonds are listed on the Nasdaq Riga regulated market

Eleving Group announces that from today, April 10, 2024, its 2021/2026 bonds (ISIN XS2393240887) with a coupon rate of 9.5% and maturity in 2026, are listed on Nasdaq Riga regulated bond market.

The total amount of the bonds previously listed exclusively on the Frankfurt Stock Exchange is EUR 150 million. After their listing on Nasdaq Riga, this becomes one of the largest corporate bonds listed in the Baltics in terms of total size.

The Group attributes this additional listing in the Baltics to the strong interest of local investors during Eleving Group’s previous bond issues and to the intention to simplify the process of buying and selling the particular financial instrument for local Baltic investors.

All information on the 2021/2026 bonds, the securities prospectus approved by the CSSF of Luxembourg, and other documents for inspection are available on the Group’s website: https://eleving.com/investors.

In addition, Eleving Group informs that on 31 March 2024, its subsidiary in Latvia—Mogo AS—successfully repaid its 2021/2024 bonds (ISIN LV0000802452). Bondholders who did not exchange their Mogo AS 2021/2024 bonds for the senior secured and guaranteed Eleving Group 2023/2028 bonds (ISIN DE000A3LL7M4) during the exchange offer last October have received full repayment of their investment.

For more information

Edgars Rauza, Group’s Investor Relations Manager, edgars.rauza@eleving.com

Arturs Cakars, Group’s Chief Corporate Affairs Officer, arturs.cakars@eleving.com