News
Mogo Finance: Unaudited 6M 2020 results on 27 July 2020 – Invitation to earnings call on 29 July 2020
Riga, Latvia, 20 July 2020. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 29 July 2020, 16:00 CET, following the publication of its unaudited 6M 2020 results on 27 July 2020.
CORRECTION: Mogo Finance acquires Sebo Credit SRL – Invitation to conference call on 15 July 2020, 16:00 CET
Mogo Finance group, one of largest European used car finance groups, has just acquired 5th largest (measured by total assets) non-banking credit organizations in Moldova – Sebo Credit SRL.
MOGO ADDRESSES QUERIES ON FINANCIAL COVENANTS
Riga, Latvia, 10 July 2020. Mogo Finance and the representative of the investors in the Euro bonds have agreed to temporarily increase the potential financial covenants headroom, in exchange of a liquidity undertaking that would ensure timely payment of interests. We would like to stress that no covenant breach of the Euro bonds has occurred…
Fitch Affirms Mogo at ‘B-‘; Outlook Negative
Fitch Ratings – Frankfurt am Main – 02 Jul 2020: Fitch Ratings has affirmed Mogo Finance S.A.’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Negative Outlook. A full list of rating actions is at the end of this rating action commentary. The Negative Outlook reflects that in Fitch’s view, the risks to Mogo’s…
Fitch Revises Outlook on Mogo to Negative; Affirms at ‘B-‘
Fitch Ratings-Frankfurt am Main-07 May 2020: Fitch Ratings has revised the Outlook on Mogo Finance S.A.’s Outlook Long-Term Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘B-‘. A full list of rating actions is at the end of this rating action commentary. The revision of the Outlook to Negative reflects…
Mogo Finance reports Unaudited results for the three months ended 31 March 2020
In line with the announced commitment, Mogo Finance shareholders have injected additional EUR 5 million of capital during Q12020. This marks total new capital of EUR 10 million injected into the Group since September 2019 By following its…