EQS-News: Multitude SE: Approval of written procedure and amendments to the terms and conditions of its senior bonds due 2025

Multitude SE: Approval of written procedure and amendments to the terms and conditions of its senior bonds due 2025

Multitude SE (the "Company") today announces the successful completion of the written procedure that was initiated on 16 May 2024 in relation to the Company's senior unsecured floating rate bonds with ISIN NO0012702549 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal").

A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal.

The amendments will become effective when the Company and the agent enter into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 2 of the notice of written procedure.

For further information, please contact:

Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-mail: [email protected]

About Multitude SE:  

Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs overlooked by traditional banks. The services are provided through three independent business units, which are served by our internal Banking-as-a-Service Growth Platform. Multitude’s business units are consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking (Multitude Bank). Multitude Group employs over 700 people in 25 countries and offers services in 16 countries, achieving a combined turnover of 230 million euros in 2023. Multitude was founded in Finland in 2005 and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'FRU'.