Multitude SE Arranges Fixed-Income Investor Meetings

Helsinki, 31 May 2024 – Multitude SE, a European FinTech company listed on the Frankfurt Stock Exchange, is set to commence a series of fixed-income investor meetings. These meetings, organized by Arctic Securities and Pareto Securities, will start on 31 May 2024.

Depending on market conditions, Multitude SE may issue a new 4-year unsecured bond worth up to EUR 100 million. This bond would be released by a newly established Finnish entity, Multitude Capital Oyj, wholly owned by Multitude SE, and guaranteed by the parent company.

The funds raised will refinance the company’s existing EUR 50 million senior unsecured bonds, cover transaction costs, and serve general corporate purposes. Multitude SE will also offer an exchange option for the existing bonds contingent upon subscription to the new bonds. Upon successful transaction completion, the remaining outstanding balance of the old bonds will be fully called.