Latvian fintech company DelfinGroup is launching a 15 million euro bond listing on the Nasdaq Riga Baltic Regulated Market Corporate Bonds list on Wednesday, September 25. The company has successfully completed the bond issue during the public offering, with total demand exceeding the issue size by almost 50%. The bonds have a nominal value of 100 euros per bond and a maturity of four years with a fixed interest rate of 10% per annum and monthly interest payments.

"I am delighted with the strong demand for DelfinGroup bonds, which made 148% of the offer. This is a testament to the confidence of 2,700 Baltic investors in DelfinGroup strategy and business model, which we value highly. Today, the listing of these bonds on the Nasdaq Riga Baltic Regulated Market begins, giving investors who wish to increase their exposure the opportunity to do so on the secondary market. I want to mention that not only our bonds, which offer a stable and high investment return, but also our shares, which have a dividend yield of 8% over the last 12 months based on the share price on September 24 and including the dividend scheduled for October 1, can be purchased on the stock exchange," says Didzis Ādmīdiņš, Chairman of the Management Board of DelfinGroup.

With the listing of the new bonds, investors will have access to two DelfinGroup bond issues on the stock exchange. The new bonds will be listed on the Baltic Regulated Market Corporate Bonds list, while the other will be listed on the First North alternative market.

"We're excited to see every new and ambitious company join the stock exchange, but we especially appreciate those that repeatedly leverage the benefits of what the local stock exchange and capital market offer. This indicates that the company's promises are kept, investors' interests are met, and the company's stability is affirmed. Congratulations to DelfīnGroup on another successful issue," says Liene Dubava, Chair of the Management Board of Nasdaq Riga Stock Exchange.

"This successful public bond issue is further proof that investors believe in DelfinGroup story and business model. We congratulate the company on yet another listing on Nasdaq Riga and the investors with excellent yield in a stable, local capital company," adds Edmunds Antufjevs, Head of Investment Banking at Signet Bank AS, the arranger of the bond issue.

This is the 13th bond issue since 2013, and DelfinGroup has raised 102 million euros in bonds during this period.

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About DelfinGroup

AS DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 branches across Latvia and Lithuania. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.

         For further information, please contact:
         Artūrs Dreimanis
         DelfinGroup Head of Treasury and Investor Relations
         Phone: +371 26189988
         E-mail: IR@delfingroup.lv