Multitude Capital Oyj and Multitude AG announce results from the tender offer
Globenewswire·2026-03-20 15:45

Group 1 - Multitude AG, a European FinTech company, announced the successful issuance of subordinated perpetual floating rate callable capital notes amounting to EUR 70,000,000, with a framework of up to EUR 120,000,000 [2][3] - The company offered holders of existing notes worth EUR 45,000,000 the opportunity to exchange them for the new capital notes or to tender their existing notes at a price of 102.00% [3][4] - By the end of the tender offer application period, valid tenders of existing notes totaled EUR 3,332,000, and the settlement of the transaction is expected around 26 March 2026 [4][5] Group 2 - After the completion of the exchange and tender offers, Multitude AG and Multitude Capital Oyj will hold existing notes with a total nominal amount of EUR 27,678,000 [5] - Multitude AG operates through three independent business units: Consumer Banking (Ferratum), SME Banking (CapitalBox), and Wholesale Banking (Multitude Bank), employing over 700 people across 17 European countries [6][7] - In 2025, Multitude Group achieved a revenue of EUR 257 million [7]

Multitude Capital Oyj and Multitude AG announce results from the tender offer - Reportify