We advised Eleving Group in connection with one of the largest bond issuances ever by a private company headquartered in the Baltics. The bonds were issued at par, with an annual interest rate of 9.50% and maturity in 2026, in the form of a private placement to European professional investors, and are listed on the Frankfurt Stock Exchange.

Fast-growing financial services company

Eleving Group (formerly known as Mogo Finance) is a Latvian-headquartered leading provider of financial solutions in Central Europe, the CIS and East Africa. Since its foundation in 2012, Eleving Group has become one of the fastest-growing companies in the industry, now operating in 14 countries and serving more than 250,000 clients, with a team of more than 1,600 people. Its Belarusian subsidiary Mogo Credit started operations in 2018 and is now the market leader in consumer leasing.

Our services and client team

Our team, consisting of partner Kiryl Apanasevich, counsel Ann Laevskaya, associate Artem Melnikovich and legal assistant Yana Kunkevich, supported Eleving Group with aspects of issuance related to Belarusian law.