Eleving Group Adjusts Terms for Eurobond Prepayment

Eleving Group S.A. announced it has revised terms for the 2023/2028 Eurobonds, prohibiting early prepayment before October 31, 2026. The change follows the group's recent bond offering. Investors will now find prepayment only possible at 101% between October 31, 2026, and October 31, 2027, and at 100% thereafter.

The group has launched a public bond offering, raising the potential outstanding bond amount to EUR 100 million. Subscribers in Latvia, Estonia, Lithuania, and Germany, along with global investors via Mintos marketplace, can participate until March 7. The bonds are offered at 109% of nominal value, with a 13% annual coupon rate.

Details of the offering are available in the prospectus, helping investors make informed decisions. Eleving reaffirms its commitment to transparency and regularly communicates updates on financial strategies.