In order to refinance existing financial liabilities, including the outstanding notes (ISIN LV0000802718) and a loan from Signet Bank, as well as to finance the further growth of its lending portfolio, on 4 September 2025, AS DelfinGroup submitted documents to Nasdaq CSD to register new unsecured notes issue with the following characteristics:
| ISIN | LV0000106649 |
| Type of security | Unsecured notes |
| Issue size | up to EUR 25,000,000 |
| Nominal value of 1 note | EUR 1,000 |
| Annual coupon rate | 9.5% |
| Coupon payment frequency | Monthly |
| Maturity | 25 September 2027 |
| Principal repayment | At maturity |
Notes issue will be structured as a private placement with EUR 100,000 minimum investment. See Issue Terms and presentation attached.
Offer to existing investors
From 8 September to 22 September 2025, holders of the existing notes (ISIN LV0000802718, maturity date 25 February 2026) will have the opportunity to exchange their holdings for the new notes of AS DelfinGroup. Participants in the exchange offer will be entitled to receive a fee of 1% of the nominal value of the exchanged notes, payable within ten business days following the conclusion of the exchange period. Noteholders will receive detailed information and instructions regarding the exchange procedure from their respective custodians.
Noteholders holding LV0000802718 notes for at least EUR 100,000 are eligible for exchange offer.
The exchange offer and the issuance of the new notes are arranged by Signet Bank AS.
For any questions please contact:
Signet Bank AS
+371 6708 1058, invest@signetbank.com
About DelfinGroup
DelfinGroup is a licenced fintech company established in 2009 and currently operating in Latvia and Lithuania. The company operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, pawn loans, and the sale of pre-owned goods online and at more than 80 branches across Latvia. 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.