20 March 2013
MCB Finance Group PLC (‘MCB’ issues an unsecured and subordinated bond of up to SEK 100,000,000 on March 19th, 2013. The coupon is fixed at 18 % per annum and MCB will be applying for the bond to be listed on NASDAQ OMX Stockholm. The bond has a maturity of two years and MCB may extend the maturity by one year against a coupon step-up of 2% per annum. CorpNordic Sweden has been assigned by MCB as agent for the bond investors.
MCB is a consumer finance company providing credit solutions under the Credit24 brand to retail customers in Finland, Estonia, Latvia Lithuania and Australia. For further information contact Jolande Svensson-Klijn.