13.06.2024 07:52:25 - dpa-AFX: EQS-News: Multitude SE announces its intention to voluntarily redeem all outstanding senior bonds due 2025 (english)

Multitude SE announces its intention to voluntarily redeem all outstanding
senior bonds due 2025

EQS-News: Multitude SE / Key word(s): Bond/Bond
Multitude SE announces its intention to voluntarily redeem all outstanding
senior bonds due 2025

13.06.2024 / 07:52 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Multitude SE announces its intention to voluntarily redeem all outstanding
senior bonds due 2025

Helsinki, 13 June 2024 - Multitude SE (the "Company") announces its
intention to exercise its right to redeem all outstanding senior unsecured
floating rate bonds maturing in December 2025 (ISIN NO0012702549) (the
"Bonds"),
in accordance with Clause 9.3 (Voluntary Total Redemption (call option)) of
the terms and conditions of the Bonds (the "Terms and Conditions"). Terms
defined in the Terms and Conditions shall have the same meaning in this
press release unless given a different meaning herein.

The redemption date will be 8 July 2024 (the "Redemption Date"). The
redemption amount for each Bond shall be the applicable call option amount
(being 103.75 per cent. of the Nominal Amount), plus accrued but unpaid
Interest, and the redemption amount will be paid to the Bondholders holding
Bonds on the relevant Record Date (being 1 July 2024).

The Company's obligation to redeem the Bonds on the Redemption Date is
conditional upon the Company's subsidiary, Multitude Capital Oyj (i),
successfully issuing its new senior guaranteed unsecured callable floating
rate bonds on or about 27 June 2024 (the "New Bonds") and (ii) satisfying
the conditions precedent for the disbursement of the net proceeds of the
issue of the New Bonds from an escrow account.

Subject to the above, the Bonds will be de-listed from the Frankfurt Stock
Exchange Open Market (Freiverkehr) and the corporate bond list of Nasdaq
Stockholm in connection with the Redemption Date.

For further information, please contact:

Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-mail: lasse.makela@multitude.com

About Multitude SE:

Multitude is a listed European FinTech company, offering digital lending and
online banking services to consumers, small and medium-sized businesses, and
other FinTechs overlooked by traditional banks. The services are provided
through three independent business units, which are served by our internal
Banking-as-a-Service Growth Platform. Multitude's business units are
consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking
(Multitude Bank). Multitude Group employs over 700 people in 25 countries
and offers services in 16 countries, achieving a combined turnover of 230
million euros in 2023. Multitude was founded in Finland in 2005 and is
listed on the Prime Standard segment of the Frankfurt Stock Exchange under
the symbol 'FRU'.


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13.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        Multitude SE
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finland
   E-mail:         ir@multitude.com
   Internet:       https://www.multitude.com/
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate
                   Exchange; Stockholm
   EQS News ID:    1923921




End of News EQS News Service
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1923921 13.06.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MULTITUDE SE A1W9NS Xetra 5,940 26.06.24 17:35:51 +0,060 +1,02% 0,000 0,000 5,920 5,880

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