Following the rapid consecutive quarter-on-quarter growth of its lending business, Mash Group has mandated Pareto Securities as financial advisor to initiate the preparations for issuance of new corporate bonds. In a bid to secure funding for the continued outsized growth of its lending business and to refinance debt, Mash Group expects to conduct a series of fixed income investor meetings in September 2018 and a new bond issue may follow, subject to market conditions.
According to Tommi Lindfors, Chairman of Mash Group Plc, preparing the bond issue is a prudent step at this time. “We have been very successful in getting equity and in growing our business volume and loan book assets. We want to secure additional funding to secure future growth, complementing our current funding structure. Pareto Securities is a trusted partner to aid us in this process.”
About Mash Mash has been at the forefront of FinTech innovation since 2007. We leverage our advanced proprietary algorithms, machine learning capabilities, and automated platform to deliver superior finance and payments solutions to thousands of customers every day. We work hard for a future powered by technology, making every transaction seamless, flexible and worry-free. Today, Mash is one of Europe’s leading FinTech companies.
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For more information please contact:
Oscar Eklöf Corporate Finance Director + 358 40 860 9238
Samuli Korpinen Board Director + 358 40 548 6299
