OREANDA-NEWS. On 17th August 2016 a total of 3,648 bonds with an initial nominal value of EUR 1,000 will be issued. The coupon rate is 12.5% per annum with three year repayment term of the principal as a lump sum on maturity date 25 May 2019. In accordance with the issue prospectus, SIA “VIA SMS Group” may issue additional 4'538 bonds by 25 August 2016, total amount of issue of bonds are EUR 6'300'000. The bonds were assigned securities identification number (ISIN) LV0000802064, the issue prospectus was registered by the FCMC on 6 July 2016. Issue of bonds are made to refinance previous issue of bonds.
It is planned to include SIA VIA SMS Group additionally issued 3'648 bonds into JSC “Nasdaq Riga’ Baltic bond list.
SIA VIA SMS Group is the second largest online lender in Eastern Europe, providing loans without collateral to individuals since 2009. It operates under the brand names VIA SMS, VIA CREDIT and VIA CONTO, and offers loans for up to 12 months in Latvia, Czech Republic, Poland, Sweden and Spain.
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