Brief: Multitude Contemplates Subsequent Bond Issue

Multitude AG

07/04/2022 07:03

April 7 (Reuters) - MULTITUDE SE  FRU.DE :
    * IS CONTEMPLATING A SUBSEQUENT BOND ISSUE
    * DUE TO CURRENT MARKET CONDITIONS AND STRONG CASH POSITION
OF
GROUP, A SMALLER SUBSEQUENT BOND ISSUE UNDER FERRATUM CAPITAL
GERMANY GMBH'S EXISTING SENIOR UNSECURED BOND FRAMEWORK WITH
MATURITY IN APRIL 2023 IS CONTEMPLATED
    * PARETO SECURITIES HAS BEEN MANDATED TO ARRANGE A SERIES OF
FIXED
INCOME INVESTOR MEETINGS COMMENCING ON 7 APRIL 2022 TO
INVESTIGATE CONTEMPLATED ISSUANCE OF SUBSEQUENT BONDS
    * SUBJECT TO INTER ALIA MARKET CONDITIONS, AN UP TO EUR 40
MILLION
SUBSEQUENT BOND ISSUE MAY FOLLOW
    * NET PROCEEDS FROM CONTEMPLATED TRANSACTION WILL, TOGETHER
WITH
EXISTING CASH IN GROUP BE USED TOWARDS REFINANCING GROUP'S
OUTSTANDING BOND MATURING IN MAY 2022 AND TO EXECUTE GROUP'S
GROWTH PATH AND BUSINESS STRATEGY

Source text for Eikon:  ID:nEQ2pr0VGa 
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