Multitude Capital Oyj Issues EUR 20 Million in Bonds

Gzira, 17 December 2024 – Multitude P.L.C., a European FinTech company, has announced the issuance of EUR 20 million in subsequent senior guaranteed unsecured bonds. These bonds are issued by its subsidiary, Multitude Capital Oyj, under an existing bond framework maturing in July 2028. The total outstanding amount under these bonds now stands at EUR 100 million. Multitude P.L.C. acts as guarantor for these bonds.

The proceeds from the bond sales will finance transaction costs and general corporate purposes. The bonds carry a floating rate coupon of 3-month Euribor plus 6.75%. They are listed on the Frankfurt Stock Exchange's Open Market, with plans to list them on Nasdaq Stockholm's corporate bond list.

Fitch Ratings has assigned a credit rating of B+/RR4 to these bonds. Pareto Securities was the bookrunner for this issuance.