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