4Finance  11.25% 23 May 2021

Business Description

4finance is one of Europe’s largest digital consumer lending groups. They use cutting edge technology and data to offer fast and convenient loans to customers across 16 countries.

4finance were established in 2008 and since then have provided more than 15,000,000 Single Payment, Line of Credit and Instalment Loans totalling over EUR 7.0 billion.

After the launch of their innovative Single Payment loans in 2008, and the successful addition of Instalment loans to the product portfolio in 2009, 4finance has expanded rapidly. They are now represented in more than 16 countries, including the United States, Germany and Argentina.

Bond Information

Coupon

11.25%

Current Yield

10.8%*

Maturity Date

23 May 2021

Next Interest Payment

23 May 2020

Interest Period

6 months

ISIN

XS1417876163

Asset Security

Unsecured

Amount

€100,000,000

Ratings

S&P:  B+, Moody's:  B2

Call Schedule

23 May 2016 at 106
23 Nov 2018 at 104

Status

Payments on time

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name

4finance S.A.

Industry

Banks & Financials

Country of Origin

Latvia

Year of Incorporation

2008

Ownership Status

Private Limited Company

Capital Structure

Senior Debt 10%

Junior Debt 78%

Equity 12%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public Company Information

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Capital structure EBITDA is for the preceding 12 months (LTM).

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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