SIA DelfinGroup announces the inclusion of the bond issue ISIN LV0000802379 in the Nasdaq Riga Baltic First North Bond List. Trading of the bonds has started on 11 August 2020.
“With the fourth consecutive bond issue listed on Nasdaq Baltic First North, we see that presence on the capital markets can facilitate a sustainable long-term partnership with an investor base. Despite the effects of COVID-19 on the financial markets, we received a very positive response – while the previous bonds were mostly acquired by local private investors, this latest issue was subscribed to by both private and institutional investors, and regional coverage expanded to Lithuania and Estonia. Direct link between Nasdaq CSD and Clearstream Frankfurt allowed institutional investors from Western Europe to subscribe as well,” says Agris Evertovskis, Chairman of the Board of DelfinGroup.
SIA DelfinGroup has mixed its financing sources, keeping parity between bond financing and financing via Mintos. The current bond financing is € 10 875 000.
Image source: Nasdaq Baltic
DelfinGroup is a licensed consumer lending company founded in 2009. The Group is represented by the Banknote, VIZIA, and Riga City Pawnshop brands. The Group’s core services are consumer loans, distance loans, pawnbroking loans. The Group operates in 38 Latvian cities and populated areas with a total of 87 branches, employing more than 270 professionals and having paid € 2.97 million in taxes for the year 2019. SIA DelfinGroup is a member of LAFPA and LTRK and has qualified for the Gold level status of SRS cooperation program.