Core Viewpoint - Multitude AG's subsidiary, Multitude Capital Oyj, successfully placed EUR 70 million in subordinated perpetual capital notes, qualifying as IFRS equity, under a EUR 120 million framework, indicating strong investor demand and confidence in the company's financial strategy [2][3][7]. Group Summary - The Capital Notes were issued with a floating rate coupon of 3 month EURIBOR plus 8.90% and were priced at 96.00% of the nominal amount, expected to settle on 23 March 2026 [4]. - The net proceeds from the issuance will be used to finance a tender offer for Multitude's existing EUR 45 million perpetual capital notes and for general corporate purposes [5]. - Approximately EUR 19.2 million of the existing notes holders opted to participate in the exchange offer for the new Capital Notes [6]. - Fitch Ratings affirmed Multitude AG's Long-Term Issuer Default Rating at 'B+' with a Stable outlook and upgraded the consolidated Group's standalone credit profile to 'BB-' from 'B+' [7][8]. - Multitude AG operates as a European FinTech company, providing digital lending and online banking services, with a combined turnover of EUR 274 million in 2024 [10].