Eleving Group bond issue

About company

Established in 2012, Eleving Group (formerly Mogo Finance) is one of the largest and fastest-growing secured used car and consumer financing companies in Europe.

The Group operates in 16 countries across three continents, providing broad diversification and eliminating single market risk.

The Group has grown significantly in recent years, thanks to organic growth and the launch of new products, resulting in a net loan portfolio of almost EUR 300 million. Eleving Group’s net loan portfolio in total amount of a EUR 295.1 million consists of EUR 223.9 million car loans with high-quality used vehicles as a collateral and EUR 71.2 million consumer loans.

Fitch Ratings has assigned Eleving Group a «B-» long-term issuer credit rating with a stable outlook.

Additional information: https://invest.eleving.com/

Additional information