Sun Finance Treasury Ltd bond issue

About Group

One of the fastest-growing online consumer lending companies in Europe.

Operates in 9 markets across 3 continents – Latvia, Denmark, Sweden, Spain, Poland, Kazakhstan, Philippines, Mexico and Kenya structured in regional HUBs for more effective management and performance analysis.

The Group provides its services mostly online and through selected offline channels, having surpassed EUR 3bn in issued loans in the beginning of 2024.

The Group’s core products are microloans with duration up to 30 days, open-ended line of credit and instalment loans with term up to 36 months. Recently the Group has introduced its BNPL (Buy Now Pay Later) product.

In March 2024, Sun Finance Group has been recognized by the Financial Times as one of the 1,000 fastest-growing fintech companies in Europe for the fourth consecutive year.

The Group is led by highly experienced management team who has been with Sun Finance since its inception.

Additional information: https://signetbank.com/wp-content/uploads/2024/06/Sun-Finance-teaser-EN-1.pdf

Term Sheet

Issuer

Sun Finance Treasury Ltd (Malta)

Sector

Non bank financing

Security type

Senior unsecured

Issue size

EUR 40 000 000

Coupon rate

11.0%

Coupon frequency

Monthly

Price

100.00%

Term

30.11.2027 (bullet)

Call option

@102% after Y1
@100% six months before maturity

Nominal value

EUR 1 000

Minimum subscription

EUR 100 000