The funds raised this way will increase the issuer’ lending capacity and investments in fintech.
Ocean Credit IFN sold a total 18,668 corporate bonds, unsecured and non-convertible, in a private placement held in July 2021. The bonds have a nominal value of EUR100, a five-year maturity and a coupon of 8.75% per annum, payable on a quarterly basis. The private placement and the bond listing were carried out with the support of Goldring.