Multitude Capital Oyj Successfully Places EUR 80 Million in Senior Unsecured Bonds

Helsinki, 13 June 2024 – Multitude SE has announced the successful placement of EUR 80 million in senior unsecured bonds. These bonds, issued by Multitude Capital Oyj, will mature in July 2028. Multitude SE will guarantee these bonds.

The proceeds will refinance Multitude SE’s outstanding senior bonds maturing in December 2025 and fund general corporate purposes. A separate call notice will be issued in due course.

The issuance saw strong demand, priced at 97.6% of the nominal amount, with a floating rate coupon of Euribor plus 6.75%. The bonds will be listed on a regulated market and the Frankfurt Stock Exchange Open Market within the specified timeframe.

Fitch Ratings is expected to assign a 'B+' rating to the new bonds. Arctic Securities and Pareto Securities acted as joint bookrunners for the issuance.