Eleving Group Launches Public Offering of Bonds

Eleving Group S.A. has initiated a public offering for its Senior Secured and Guaranteed EUR 2025/2030 Bonds, with each bond priced at EUR 1,000. The company aims to issue up to EUR 250 million in total bonds. The bonds attract a fixed annual interest rate of at least 9.5%, payable semi-annually. The offering period for retail investors in Estonia, Latvia, Lithuania, Luxembourg, and Germany commences on 6 October 2025 and concludes on 17 October 2025, pending early closure.

Simultaneously, an Exchange Offer is running to allow current bondholders to swap their holdings for the new bonds. The objective of these bonds is to refinance existing debts and support corporate growth. The bonds are expected to list on the Frankfurt Stock Exchange and Nasdaq Riga by 24 October 2025.