Signet Bank AS Antonijas street 3, Riga, LV 1010, Latvia
Phone: +371 67 080 000 Fax: +371 67 080 001 E-mail: [email protected]
Monday to Friday 9:00 a.m. – 17:30 p.m
Founded in 2017, Sun Finance Group is one of the fastest-growing online consumer lending companies in Europe.
Sun Finance operates in 7 markets across 3 continents – Latvia, Denmark, Sweden, Poland, Kazakhstan, Vietnam and Mexico, employing more than 600 people.
Highly experienced management team with extensive fintech, risk and audit experience.
In 2018, the Group attracted an experienced strategic investor, who is also the owner of Europe’s largest used car lender and leading peer-to-peer lending platform.
The Group was ranked No 2 in the new Financial Times list of 1000 fastest-growing European companies, marking the first time that a company from Latvia has ranked in the top 50.
Additional information:
https://sunfinance.group/investor-relations
Sun Finance Treasury Ltd
Non bank financing
Private placement
Senior unsecured bonds
EUR 20 000 000
11%
Quarterly
100%
30.06.2024 (bullet)
@102% after Y1 @101% after Y2
EUR 1 000
EUR 100 000
• Interest coverage ratio at least 1.75x • Capitalization ratio at least 20% • Gross unencumbered loans / Total senior unsecured debt at least 1.2x
Refinancing
Planned listing on Nasdaq First North within 12 months from issue date
Signet Bank AS
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