News
Eleving Group achieves 11% net portfolio growth, closing the nine-month period with EUR 58.5 mln in adjusted EBITDA
Eleving Group has announced unaudited results for the nine months ended on 30 September 2023. The Group recorded a healthy financial performance during the quarter, with revenues of EUR 136.0 mln, while the net portfolio reached EUR 327.3 mln, a growth of 11% QOQ.
Fitch Assigns Eleving Group’s 2028 Senior Secured Bonds Final ‘B-‘ Rating
Fitch Ratings has assigned Eleving Group’s (B-/Stable) EUR50 million senior secured bonds due in October 2028 (ISIN: DE000A3LL7M4) a final rating of ‘B-‘ with a Recovery Rating of ‘RR4’.
Eleving Group issues EUR 50 mln senior secured and guaranteed bonds
Following the exchange of Mogo AS 2021/2024 bonds and the public offering of Eleving Group 2023/2028 bonds, the Group issues EUR 50 mln senior secured and guaranteed bonds (ISIN DE000A3LL7M4).
Eleving Group starts a public offering for new bonds with a 13% coupon rate
Eleving Group today started the public offering in Estonia, Latvia, and Lithuania of the new EUR 2023/2028 bonds with ISIN (DE000A3LL7M4). The public offering in Germany will start on October 4. Investors can subscribe to the bonds through their custodian banks until October 20.
Eleving Group commences Exchange Offer for Bondholders of Mogo AS 2021/2024 bonds
Eleving Group today launched the offer to exchange the 2021/2024 bonds issued by Eleving Group’s subsidiary Mogo AS (ISIN LV0000802452) for a new senior secured and guaranteed EUR bond offering, maturing in 2028.
Steady portfolio growth while maintaining excellent profitability
Eleving Group has announced unaudited results for the six months ending 30 June 2023. The Group recorded a steady financial performance during the quarter, with revenues of EUR 90.6 mln, while the net portfolio reached EUR 295.1 mln.