Eleving Group issues EUR 275 million senior secured bonds with a fixed interest rate of 9.5% per annum

Funding Rounds

Summary

Eleving Group issued EUR 275 million in senior secured bonds at a fixed 9.5% annual interest rate. The company will use the proceeds to refinance older bonds, repay part of its Mintos liabilities, and support growth in its loan portfolio. Strong institutional and retail demand pushed the company to increase the offering size from EUR 250 million to EUR 300 million. The new bonds are expected to list on the Frankfurt Stock Exchange and Nasdaq Riga in late October 2025. Eleving Group said the transaction strengthens its capital structure and supports continued profitable expansion.

$ Funding

$
Amount $302.5M Total raised
Date October 17, 2025 Announcement date
Investors Aalto Capital Lead investors
Company eleving.com Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies