4finance S.A. (the “Company”) announced today its decision to exercise its option for the early redemption in full of its Senior Unsecured Callable Fixed Rate Bonds 2021/2026 due 26 October 2026 (ISIN: NO0011128316) (the “Notes”). The early redemption reflects the Company's strategic financial management and its ability to refinance or retire debt ahead of schedule.
The Redemption Date, which becomes the new maturity date, will be 27 April 2026. The Record Date for determining noteholders entitled to receive the redemption amount is set for 23 April 2026. The Notes will be redeemed at 100.00 per cent of the nominal amount, together with accrued but unpaid interest up to the Redemption Date. Payment will be made to noteholders registered as owners in the Central Securities Depository (CSD) as of the Record Date.
Following the redemption, the Notes will be delisted from Oslo Børs. This move is part of the Company's ongoing efforts to optimize its capital structure and reduce interest expenses. The early redemption is also a signal of the Company's strong liquidity position and confidence in its financial health.
The announcement is made pursuant to the Company’s disclosure obligations under the EU Market Abuse Regulation and in accordance with the requirements of the Continuing Obligations. Investors and stakeholders can find the original press release on NewMediaWire.
4finance, a leading online consumer lending group, has been proactive in managing its debt portfolio. The early redemption of these notes, which were initially issued in 2021, allows the Company to reduce its leverage and potentially lower future financing costs. This strategic financial decision may positively impact the Company's credit profile and investor perception.
The redemption amount will be paid to noteholders registered as of the Record Date, ensuring a streamlined process. The Company has communicated this decision to bondholders and relevant market participants, emphasizing its commitment to transparent communication and efficient capital management.
For further information, the Company can be contacted via email at investorrelations@4finance.com or press@4finance.com, and more details are available on their website at www.4finance.com.
