Multitude SE announces its intention to voluntarily redeem all outstanding senior bonds due 2025

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EQS-News: Multitude SE / Schlagwort(e): Anleihe/Anleihe
Multitude SE announces its intention to voluntarily redeem all outstanding
senior bonds due 2025

13.06.2024 / 07:52 CET/CEST
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Multitude SE announces its intention to voluntarily redeem all outstanding
senior bonds due 2025

Helsinki, 13 June 2024 - Multitude SE (the "Company") announces its
intention to exercise its right to redeem all outstanding senior unsecured
floating rate bonds maturing in December 2025 (ISIN NO0012702549) (the
"Bonds"),
in accordance with Clause 9.3 (Voluntary Total Redemption (call option)) of
the terms and conditions of the Bonds (the "Terms and Conditions"). Terms
defined in the Terms and Conditions shall have the same meaning in this
press release unless given a different meaning herein.

The redemption date will be 8 July 2024 (the "Redemption Date"). The
redemption amount for each Bond shall be the applicable call option amount
(being 103.75 per cent. of the Nominal Amount), plus accrued but unpaid
Interest, and the redemption amount will be paid to the Bondholders holding
Bonds on the relevant Record Date (being 1 July 2024).

The Company's obligation to redeem the Bonds on the Redemption Date is
conditional upon the Company's subsidiary, Multitude Capital Oyj (i),
successfully issuing its new senior guaranteed unsecured callable floating
rate bonds on or about 27 June 2024 (the "New Bonds") and (ii) satisfying
the conditions precedent for the disbursement of the net proceeds of the
issue of the New Bonds from an escrow account.

Subject to the above, the Bonds will be de-listed from the Frankfurt Stock
Exchange Open Market (Freiverkehr) and the corporate bond list of Nasdaq
Stockholm in connection with the Redemption Date.

For further information, please contact:

Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-mail: lasse.makela@multitude.com

About Multitude SE:

Multitude is a listed European FinTech company, offering digital lending and
online banking services to consumers, small and medium-sized businesses, and
other FinTechs overlooked by traditional banks. The services are provided
through three independent business units, which are served by our internal
Banking-as-a-Service Growth Platform. Multitude's business units are
consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking
(Multitude Bank). Multitude Group employs over 700 people in 25 countries
and offers services in 16 countries, achieving a combined turnover of 230
million euros in 2023. Multitude was founded in Finland in 2005 and is
listed on the Prime Standard segment of the Frankfurt Stock Exchange under
the symbol 'FRU'.

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13.06.2024 CET/CEST Veröffentlichung einer Corporate News/Finanznachricht,
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Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Sprache: Deutsch
Unternehmen: Multitude SE
Ratamestarinkatu 11 A
00520 Helsinki
Finnland
E-Mail: ir@multitude.com
Internet: https://www.multitude.com/
ISIN: FI4000106299
WKN: A1W9NS
Börsen: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID: 1923921

Ende der Mitteilung EQS News-Service
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1923921 13.06.2024 CET/CEST

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