05/03/2025 12:00
Multitude Bank p.l.c Announces Pricing of EUR 25,000,000 Floating Rate Callable Tier 2 Notes Due 2035
INFORMATION REGLEMENTEE


EQS-Media / 05.03.2025 / 12:00 CET/CEST


Multitude Bank p.l.c Announces Pricing of EUR 25,000,000 Floating Rate Callable Tier 2 Notes Due 2035 


Zug, 5 March 2025 – Multitude Bank plc (the “Issuer”), a subsidiary of Multitude AG today announces the pricing of an offering of €25 million aggregate principal amount of Floating Rate Callable Tier 2 Notes due 2035 (ISIN DE000A4D58U2, WKN A4D58U) (the “Notes”).  


The Notes were priced at 99% of their aggregate principal amount and the coupon will be 3 months EURIBOR plus margin of 11.00% per annum.  


The proceeds from the offering will further strengthen the Issuer’s capital base and its Tier 2 capital requirements under Regulation (EU) No 575/2013 (CRR). The Issuer will use the net proceeds from the offering for general corporate purposes.  


Seaport Global Securities LLC acted as the sole placement agent and bookrunner for the offering.   


Contact: 
Kenneth Zammit 
Chief Financial Officer of Multitude Bank 
E-Mail: kenneth.zammit@multitudebank.com 

Bernd Egger 
Chief Financial Officer of Multitude AG
E-Mail: bernd.egger@multitude.com


About Multitude AG: 
Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs overlooked by traditional banks. The services are provided through three independent business units, which are served by our internal 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 17 countries, achieving a combined turnover of 230 million euros in 2023. Multitude was founded in Finland in 2005, is registered in Switzerland and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'MULT'.www.multitude.com 




End of Media Release


Issuer: Multitude AG
Key word(s): Finance

05.03.2025 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group.
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



Language: English
Company: Multitude AG
Grafenauweg 8
6300 Zug
Switzerland
E-mail: ir@multitude.com
Internet: https://www.multitude.com/
ISIN: CH1398992755
WKN: A40VJN
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Tradegate Exchange; Stockholm
EQS News ID: 2095731

 
End of News EQS Media

2095731  05.03.2025 CET/CEST


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EQS-Media / 05.03.2025 / 12:00 CET/CEST


Multitude Bank p.l.c Announces Pricing of EUR 25,000,000 Floating Rate Callable Tier 2 Notes Due 2035 



Zug, 5 March 2025 – Multitude Bank plc (the “Issuer”), a subsidiary of Multitude AG today announces the pricing of an offering of €25 million aggregate principal amount of Floating Rate Callable Tier 2 Notes due 2035 (ISIN DE000A4D58U2, WKN A4D58U) (the “Notes”).  



The Notes were priced at 99% of their aggregate principal amount and the coupon will be 3 months EURIBOR plus margin of 11.00% per annum.  



The proceeds from the offering will further strengthen the Issuer’s capital base and its Tier 2 capital requirements under Regulation (EU) No 575/2013 (CRR). The Issuer will use the net proceeds from the offering for general corporate purposes.  



Seaport Global Securities LLC acted as the sole placement agent and bookrunner for the offering.   



Contact: 

Kenneth Zammit 

Chief Financial Officer of Multitude Bank 

E-Mail: kenneth.zammit@multitudebank.com 


Bernd Egger 

Chief Financial Officer of Multitude AG

E-Mail: bernd.egger@multitude.com



About Multitude AG: 

Multitude is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized enterprises, and other FinTechs overlooked by traditional banks. The services are provided through three independent business units, which are served by our internal 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 17 countries, achieving a combined turnover of 230 million euros in 2023. Multitude was founded in Finland in 2005, is registered in Switzerland and is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol 'MULT'.www.multitude.com 





End of Media Release



Issuer: Multitude AG

Key word(s): Finance


05.03.2025 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group.
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























Language: English
Company: Multitude AG

Grafenauweg 8

6300 Zug

Switzerland
E-mail: ir@multitude.com
Internet: https://www.multitude.com/
ISIN: CH1398992755
WKN: A40VJN
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Tradegate Exchange; Stockholm
EQS News ID: 2095731





 
End of News EQS Media



2095731  05.03.2025 CET/CEST



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