Multitude P.L.C.
ISIN: MT0002810100
WKN: A40G1Q
17 December 2024 05:00PM

EQS-News: Multitude P.L.C. – Multitude Capital Oyj issues EUR 20 million in subsequent senior guaranteed unsecured bonds

Multitude P.L.C. · ISIN: MT0002810100 · EQS - Company News
Country: Malta · Primary market: Malta · EQS NID: 2053077

EQS-News: Multitude P.L.C. / Key word(s): Miscellaneous
Multitude P.L.C. – Multitude Capital Oyj issues EUR 20 million in subsequent senior guaranteed unsecured bonds

17.12.2024 / 17:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Multitude P.L.C. – Multitude Capital Oyj issues EUR 20 million in subsequent senior guaranteed unsecured bonds 

Gzira, 17 December 2024 – Multitude p.l.c., a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs (WKN: A40G1Q, ISIN: MT0002810100) (“Multitude”, “Company” or “Group”) is pleased to announce the issuance of EUR20 million subsequent senior guaranteed unsecured bonds (the "Subsequent Bonds") through its wholly owned Finnish subsidiary, Multitude Capital Oyj (the "Issuer") under the Issuer's existing bond framework (NO0013259747) with maturity in July 2028 (the "Bonds"). Following the issuance of the Subsequent Bonds, the outstanding amount under the Bonds is EUR 100 million. Multitude P.L.C. acts as guarantor for the Bonds. In connection with issuance of the Subsequent Bonds, the Issuer subscribed the Subsequent Bonds in full and the Subsequent Bonds are expected to be sold by the Issuer to selected investors at a later stage.  

The net proceeds from the sales of the Subsequent Bonds to the investors will be used to, inter alia, finance transaction costs and general corporate purposes of the Group. 

The Subsequent Bonds carry a floating rate coupon of 3 month Euribor plus 6.75 per cent. The Bonds are currently listed on the Open Market of the Frankfurt Stock Exchange and, in accordance with the terms and conditions of the Bonds, an application will be made for the Bonds to be listed on the corporate bond list at Nasdaq Stockholm. 

Fitch Ratings Inc. has previously assigned Multitude P.L.C. with a Long-Term Issuer Default Rating (IDR) at ‘B+’ (positive). The Bonds have been assigned a credit rating of B+/RR4 by Fitch Ratings Inc.  

Pareto Securities acted as the bookrunner in the Subsequent Bonds' issuance.  

For further information, please contact: 
Bernd Egger, CFO of Multitude P.L.C. 
+49 173 793 1235, bernd.egger@multitude.com 

Lasse Mäkelä, Chief Strategy and IR Officer of Multitude P.L.C. 
+41 79371 34 17, lasse.makela@multitude.com 
 

About Multitude p.l.c.: 
Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, 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 17 countries, achieving a combined turnover of 230 million euros in 2023. Multitude was founded in Finland in 2005 and is in the process of relocating to Switzerland. Multitude is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'E4l'. www.multitude.com   

 



17.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Multitude P.L.C.
ST Business Centre 120, The Strand
GZR 1027 Gzira
Malta
E-mail: ir@multitude.com
Internet: https://www.multitude.com/
ISIN: MT0002810100
WKN: A40G1Q
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Stockholm
EQS News ID: 2053077

 
End of News EQS News Service

2053077  17.12.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2053077&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 262,15 293,10 230,47 213,67 212,37 230,46 0,00
EBITDA1,2 43,02 56,35 41,87 39,22 49,13 60,57 0,00
EBITDA-Margin3 16,41 19,23 18,17 18,36 23,13 26,28 0,00
EBIT1,4 37,80 45,53 28,51 23,90 31,61 45,56 0,00
EBIT-Margin5 14,42 15,53 12,37 11,19 14,88 19,77 0,00
Net Profit (Loss)1 19,27 23,02 0,48 -2,56 12,00 16,44 0,00
Net-Margin6 7,35 7,85 0,21 -1,20 5,65 7,13 0,00
Cashflow1,7 -40,36 22,53 140,36 71,72 -26,15 157,78 0,00
Earnings per share8 0,89 1,10 0,02 -0,12 0,39 0,51 0,70
Dividend per share8 0,18 0,00 0,00 0,00 0,12 0,19 0,19
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: PricewaterhouseCoopers

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Multitude
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A40G1Q MT0002810100 AG 104,49 Mio € 06.02.2015 Kaufen 9GG66W2Q+GM
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
5,17 14,44 0,36 10,53 0,57 0,66 0,45
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,12 0,19 0,19 3,95%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
13.05.2025 22.05.2025 21.08.2025 14.11.2024 17.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-3,41%
4,81 €
ATH 32,50 €
-1,01% -9,31% +7,85% +20,25% -71,71%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2024          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2024 by Gereon Kruse #BGFL