Riga, Latvia, 2015-02-27 14:37 CET (GLOBE NEWSWIRE) -- AS “mogo” extends the deadline to sign the agreement till 1 May 2015, by offering current noteholders a possibility to sign a sale agreement on securities.
Such agreement allows investors to sell-back all purchased notes or in portions (ISIN LV0000801363) to the company for nominal value, plus unpaid coupon, once a year exactly after 2, 3, 4, 5 or 6 years from the date of signing the agreement.
The same conditions apply to any potential investors who might be interested in purchase of the notes on the secondary market.
Further details and a draft copy of the agreement on securities sale are available upon request to AS “mogo” Chief Financial Officer, Kaspars Leimanis, via telephone, e-mail (see contact details below) or by mail to Matrožu iela 15A, Riga, LV-1048.
The above offer is not mandatory. If a noteholder chooses not to sign the offered agreement, the rights of a noteholder to receive coupon and nominal payments as well as exercise other rights as stipulated in the notes prospectus remain unchanged. Notes which would be bought-back by AS “mogo”, under signed agreements, will be offered on the secondary market at the market price.
About AS “mogo”
AS “mogo” offers classical finance lease and lends against vehicles already owned by clients (a type of service known as leaseback), which is available by filling out an application on the company website, mobile website, over the phone, enquiring with one of more than 200 affiliated car dealerships, or at one of its client service centers in major cities throughout Latvia. Today, “mogo” group companies also operate in Estonia, Lithuania, and Georgia, with plans to expand business to other countries. Read more: www.mogofinance.com
Contacts:
Kaspars Leimanis
CFO
Phone: +371 66900904
Fax: +371 66047063
Email: kaspars.leimanis@mogo.lv
