News

Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Riga, Latvia, 7 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, is pleased to announce the successful placement of a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. Settlement is expected to take place on 13 November 2019.
Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022
Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022
Riga, Latvia, 6 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announces the start of the subscription period for the increase of its 9.50% corporate bonds 2018/2022 (XS1831877755) by way of a tap issue. Settlement of the tap issue is expected to take place in mid-November 2019.
AS “mogo” external auditor change
AS “mogo” external auditor change
With this AS „mogo” informs about the change of external auditor starting from 29th of October 2019. The previous external auditor SIA “Ernst & Young Baltic” is replaced by AS “KPMG Baltics”.
Mogo Finance shareholders commit to inject EUR 10M of additional capital
Mogo Finance shareholders commit to inject EUR 10M of additional capital
Riga, Latvia, 17 October 2019. Mogo Finance S.A., a specialist in secured used car financing, announces that it has signed a binding commitment with its current shareholders to provide up to ten million Euro (EUR 10,000,000) of additional capital.
Mogo Finance conducts European investor roadshow EUR bond tap issue may follow
Mogo Finance conducts European investor roadshow EUR bond tap issue may follow
Riga, Latvia, 3 October 2019. Mogo Finance S.A. and its group companies (the “Group”), specialized in used car financing, will conduct a series of investor meetings throughout Europe in connection with a potential tap issue of the EUR 75 million 9.5% Senior Secured Bonds 2018/2022 (XS1831877755).
Mogo Group adds loans for investment from its 10th country on Mintos – Belarus!
Mogo Group adds loans for investment from its 10th country on Mintos – Belarus!
Mogo Group, one of the largest used-car financing companies in Europe, has expanded its presence on Mintos once again by adding car loans from Belarus. With this development, Mogo Group now offers investment opportunities from 10 different countries on the marketplace.