Ferratum Bank p.l.c. (“the Issuer”) has announced the issuance of a maximum of €40,000,000 in 6% Unsecured Subordinated Bonds redeemable in 2032 and having a nominal value of €1,000 per Bond which shall be issued at par.

A copy of the prospectus can be found here.

If you wish to apply for these bonds kindly follow the guidance at the bottom of this news item or contact us on +25 688 688 or [email protected] or via live chat on ww.cc.com.mt for more information.

Business overview:

The Issuer is licensed by the MFSA to carry on the activities of a credit institution in terms of the Banking Act (CAP 371 of the laws of Malta) and is also licensed to provide certain payment and other services as defined in the Financial Institutions Act (Cap. 376 of the laws of Malta), as well as being authorised to deal on own account. The Issuer is lawfully authorised to passport its services in a number of European jurisdictions.

The principal activities of the Issuer primarily consist of: (A) the provision of consumer loans; and (B) deposit-taking services. The aforementioned services are offered and distributed through online digital and mobile financial services technology. The consumer loans specified above are primarily offered in Finland, Denmark, Croatia, Norway, Romania, Spain, Poland, Sweden, Germany, Czech Republic, Latvia and Estonia, with the intention to extend the provision of consumer loans to Slovenia. Deposit taking activities mentioned above are provided in Germany, Finland and Latvia.

Use of proceeds:

The net proceeds from the Bonds to be issued under the Final Terms dated 3 March 2022 published by the Issuer, which are expected to amount up to a maximum of €40,000,000, will constitute an integral part of the Issuer’s capital plan, aimed at further strengthening the Issuer’s tier 2 capital requirements.

How to buy this bond:

Orders will be accepted from 08:30am on the 10th of March 2022 (Opening Date) and can be submitted through one of our Financial Advisors in one of the following branches in Mosta, Sliema, B’kara, and Fgura. The minimum subscription is of €10,000.

All orders must be submitted by no later than the 30th of March 2022 at 12:00pm (Closing Date) however, kindly be informed that the offering may close earlier if oversubscribed.

Should you require more information, including personalised financial advice, you may reply to this email, call us on +356 25 688 688 or contact us via our live chat on www.cc.com.mt.

If you prefer you can also choose to visit one of our branches at your convenience or avail yourself of our new video call service. Kindly mention this channel when setting your appointment.

The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. Prospective investors wishing to subscribe for Bonds of the Issuer should do so on the basis of the Prospectus, including the Risk factors contained therein. The Bonds constitute subordinated and unsecured obligations of the Issuer. The Issuer is subject to the Bank Recovery and Resolution Directive (BRRD) as transposed in local laws that allow the Resolution Committee appointed by the Resolution Authority to exercise resolution tools including the power to write-down or convert the Bonds in the event the Issuer is under Resolution. Therefore, Bondholders may lose part or all of their investment. An investment in the Bonds of the Issuer may not be suitable for all investors and prospective investors are to consult their Financial Advisor so as to ensure the suitability of an investment in the Bonds.

This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 386. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.