The company has successfully issued third part of private bond offering

The value of the third part of the issued bond offering is 550,000 euros, which was bought by 2 private investors due private bond offering. 10% annual interest rate of bonds will be payable to investors quarterly. The nominal value of one bond is 10 thousand euros. This bond issue was issued for a longer term, i.e. 2 years and 3 months, so the redemption date for the bond offering is January 13, 2026. The company will pledge, for the benefit of the Investors, a portfolio of credit loans in an aggregate amount not less than 125% of the nominal value of the Bonds issued. 

With the third issue, NEO Finance, AB completed the bond programme announced on 20 June 2023. 

The attracted investments will be used to develop all business lines managed by NEO Finance, AB and to achieve higher sales growth.