The announcement text below was provided to AS Mintos Marketplace (Mintos) by LimeZaim, a cooperation partner of Mintos that offers investment opportunities on mintos.com
On 22 December 2021, Lime Zaim successfully placed its debut bonds on the Moscow Exchange (MOEX) in the amount of 300 million rubles. The coupon rate is set at 16.75% per annum in RUB, and the payments are made quarterly.
In Lime Zaim, they believe that the bond issue proves the transparency of the company’s work, the high profitability and the effectiveness of the business model.
“This bond placement will allow our company to diversify its funding structure. This year we have doubled the volume of loans disbursed, and, according to our forecasts, the Russian online lending market will continue to grow. The attracted investments will be aimed at a systematic increase in the number of disbursements by 55-70% and the growth of the portfolio in 2022."
About Lime Zaim
Lime Zaim was founded in 2013. The company operates in three countries – Russia, Mexico and in South Africa, where it’s the only Russian-based company in the country’s alternative lending market.
Currently, Lime Zaim is among the top 15 companies in the microfinance market in Russia by the total size of the loan portfolio. On 15 December 2021, the “Expert RA” rating agency affirmed the credit rating of Lime Zaim on the level of ruB and changed the rating outlook from stable to positive.
