Mogo Finance (Luxembourg) successfully placed a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. The bonds are listed on the regulated market of the Frankfurt Stock Exchange following approval of the prospectus by the CSSF in Luxembourg.
Following completion of the tap issue, the total outstanding amount of Mogo Finance’s 9.50% corporate bonds 2018/2022 (XS1831877755) amounts to EUR 100 million.
Mogo group focuses on secured car loans and operates in the Baltics, Eastern Europe, the Balkans, the Caucasus, and Central Asia.
Our advice and team
We advised on security structuring options and implemented creation of security over the assets of Mogo Group located in Belarus. Our team consisted of partner Kiryl Apanasevich with senior associate Ann Laevskaya, associates Artem Semchik, Anna Kasko and Artem Melnikovich, plus legal assistant Yana Kunkevich.