Brief: Ferratum Oyj: Ferratum Bank p.l.c. places tap issue of EUR 15 mln

Multitude AG

21/06/2017 06:30

June 21 (Reuters) - FERRATUM OYJ  FRU.DE : 
    * FERRATUM BANK P.L.C. SUCCESSFULLY PLACES TAP ISSUE OF EUR 
15 MILLION 
    * NET PROCEEDS FROM TAP ISSUE ARE INTENDED TO BE USED FOR 
GENERAL CORPORATE PURPOSES OF FERRATUM BANK P.L.C. 
    * TAP ISSUE WAS MADE AT A PRICE OF 102.50 PER CENT OF 
NOMINAL AMOUNT AND HAS SAME COUPON OF 3 MONTHS EURIBOR PLUS 6.25 
PER CENT PER ANNUM, AND MATURITY DATE OF 15 MARCH 2020 
    * AFTER TAP ISSUE, TOTAL AMOUNT OUTSTANDING OF FERRATUM 
BANK P.L.C.'S BOND LOAN WILL AMOUNT TO EUR 40 MILLION 
    * SETTLEMENT OF TAP ISSUE IS EXPECTED TO TAKE PLACE ON 28 
JUNE 2017 
 
Source text for Eikon:  ID:nEQ8v0VXna  
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