Picture of Deutsche Boerse AG logo

DB1 Deutsche Boerse AG News Story

0.000.00%
de flag iconLast trade - 00:00
FinancialsConservativeLarge CapHigh Flyer

RCS - MTN Funding PLC - MTN FUNDING PLC TRADE REPORTING DISCLOSURE

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240102:nRSB2581Ya&default-theme=true

RNS Number : 2581Y  MTN Funding PLC  02 January 2024

Official Announcement

 

MTN Funding Plc (the "Issuer")

Trade Reporting Disclosure

 

MTN Funding Plc 2021-F3 USD Secured 6.25% NTS due 2024 ISIN GB00BNYNFZ53 CUSIP
G6318C AJ9 (together, the "2021-F3 Notes")

 

The Issuer confirms trades were executed at market at 13 December 2023 for
additional units in circulation of 1,600,000.

Current pricing is available on Bloomberg or via the Deutsche Börse website.

 

The 2021-F3 Notes are listed on the Frankfurt Stock Exchange.

 

About the Issuer

 

MTN Funding is a tech driven issuer. MTN Funding aims to democratize funding
to tech driven projects worldwide by leveraging digitalization and technology.
By streamlining the funding process, MTN Funding makes it easier for investors
to identify and invest in promising projects, which in turn helps these
businesses to grow and succeed. MTN works closely with their clients to
determine the best investment strategy based on the client's risk tolerance,
investment objectives, and time horizon. By leveraging MTN's expertise and
research capabilities, investment firms can provide investors with valuable
insights and guidance to help them achieve their financial goals.

 

MTN Funding PLC has a strategic relationship with Tranzfar Group Limited.
Tranzfar is a financial technology company with interests across remittance,
digital banking, and payments infrastructure. Tranzfar aims to be a world
leading provider of banking and payment services, offering its users a fast,
reliable and customer friendly service online through its website and mobile
application. Tranzfar is driven by the need to financially connect the global
diaspora to the rest of the world. Tranzfar Group Ltd ("TRZ") is raising
finance to rapidly establish itself as a global fintech providing global
banking solutions, payment infrastructure, and remittances across 100
countries.

 

The group has already taken independent steps to actualize its plans and has
already introduced an early version of its digital banking platform - Freedom
bank. From this platform, clients can subscribe to multiple currency accounts
globally, make instant remittance payments and make international payments via
Swift, Fedwire and SEPA. Tranzfar Group's solution is to provide access to a
suite of global currencies and payment infrastructure at fixed and affordable
pricing and with greater speed, safety, and reliability.

 

Capitalised terms used but not defined herein have the meaning given to them
in the terms and conditions of the 2021-F3 Notes as set out in the Pricing
Supplement dated 11 October 2021 relating to the 2021-F3 Notes.

 

Capitalised terms used but not defined herein have the meaning given to them
in the terms and conditions of the 2021-F3 Notes as set out in the Pricing
Supplement dated 11 October 2021 relating to the 2021-F3 Notes.

 

info@mtn-funding.com (mailto:info@mtn-funding.com)

+44 (0) 1159 058 500

http://mtn-funding.com/ (http://mtn-funding.com/)

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFZMZZDLZGFZM

Recent news on Deutsche Boerse AG

See all news