4finance taps bond market for another €50m

By Daniel Lanyon on Thursday 24 November 2016

Alternative Lending

Amid the global uncertainty, 4 Finance seeks to continue its growth trend with a fresh round of capital-raising.

4 Finance, one of the largest European consumer lending firms, has tapped the market for another €50m.

The firm operates through a portfolio of brands across Europe including Vivus, SMSCredit and Zaplo as well as the Americas.


Together with another €100m bond issued in May 2016, it has now hit a total issued amount of €150m this year.

The firm has enjoyed strong growth in 2016 so far, reporting revenue growth of 25 per cent to €287.3m in the third quarter of this year compared with €229.3m in the same period last year. Its net loan portfolio reached €510.4 as of 30 September 2016, up 66 per cent during the year.

Settlement for the new bonds will occur on 30 November 2016, forming a single series with the existing bonds. The company will subsequently apply for admission of the new bonds on the Prime Standard für Unternehmensanleihen of the Frankfurt Stock Exchange.

 The issue was joint-lead managed by Wallich & Matthes and ABG Sundal Collier, with Dero Bank as co-lead manager and Renaissance Capital as co-manager. SCALA Corporate Finance GmbH acts as the Group’s Capital Market Partner.

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