COBALT advised 4finance Group on issue of EUR 100 million corporate bonds

COBALT advised 4finance Group in relation to issuance of EUR 100 million 5-year corporate bonds. The bonds are listed on the Frankfurt Stock Exchange ‘Open Market’ and application will be made to list the bonds on the regulated market within 6 months.

4finance is one of Europe’s largest and fastest growing online and mobile consumer lending groups with operations in 14 countries globally. Established in 2008, 4finance is headquartered in Riga, Latvia and operates in Argentina, Armenia, Bulgaria, the Czech Republic, Denmark, Finland, Georgia, Latvia, Lithuania, Mexico, Poland, Romania, Spain and Sweden.

COBALT acted as Latvian and Lithuanian counsel to 4finance Group. Specialist Counsel Edgars Lodzins advised on the Latvian law matters while Partner Akvilė Bosaitė advised on the Lithuanian law matters.