News

Following Eleving Group’s announcement of its intention to issue new up to EUR 250,000,000 senior secured bonds 2025/2030 (ISIN:  XS3167361651) and the launch of an exchange offer for its existing EUR 150 million 9.5% 2021/2026 bonds (ISIN: XS2393240887), Eleving Group hereby gives conditional notice to the holders of the above-mentioned bonds of its intention to exercise its right to redeem all of the outstanding Existing Bonds.

Eleving Group, an international financial technology company listed on the Frankfurt and Riga stock exchanges, has successfully launched smartphone financing in Uganda and Kenya. The company is partnering with the region’s leading telecommunications operators to expand access to digital services.

Eleving Group, a publicly listed international financial technology company, ended the first six months of this year with a revenue of EUR 117.5 million, which is 10.8% higher compared to the same period last year. The Group’s adjusted EBITDA for the first half of 2025 was EUR 45.3 million, while net profit reached EUR 15.2 million.

Eleving Group invites investors, analysts, media representatives, and other stakeholders to the earnings call with the Management Board on 12 August 2025 at 15:00 CET, following the publication of its unaudited 6M 2025 results on 11 August 2025.

The international credit rating agency Fitch Ratings has improved Eleving Group's Long-Term Issuer Default Rating from “B” with a stable outlook to “B” with a positive outlook. Meanwhile, the rating for Eleving Group’s senior secured debt has been affirmed at “B”.