Eleving Prices EUR200 Million Senior Bond, Plans EUR25 Million Exchange Offer

01:01 AM EDT, 10/02/2026 (MT Newswires) -- Eleving Group (OT8.F) priced a 200 million-euro senior secured and guaranteed bond with a fixed annual interest rate of 9%. The financial technology company plans to use the proceeds mainly to refinance 90 million euros of bonds due in 2028, repay part of its Mintos liabilities, and support its loan portfolio growth, according to a Thursday release. Eleving also allocated 25 million euros of the new issue for an exchange offer to holders of its existing bonds, expected to run from Oct. 6 to Oct. 20, subject to regulatory approval. The new bonds are expected to commence trading on the Frankfurt Stock Exchange and Nasdaq Riga on Oct. 20.