Eleving Group's Eurobond Offering Concludes This Friday

Eleving Group will close its public offering for senior secured and guaranteed Eurobonds on March 7, 2025, at 14:00 EET. The Eurobonds, with ISIN DE000A3LL7M4, mature on October 31, 2028, and offer a 13% annual coupon rate with quarterly interest payments. Investors are required to invest a minimum of EUR 1000 for bank subscriptions, except Swedbank Latvia which requires at least 180 bonds. Retail investors can participate via the Mintos marketplace with a minimum of EUR 50. The bonds are set to list on Nasdaq Riga and Frankfurt's regulated markets around March 14, 2025. The company's recent investor call highlighted this offering and future plans.