Ferratum Oyj

  • WKN: A1W9NS
  • ISIN: FI4000106299
  • Land: Finnland

Nachricht vom 03.04.2020 | 20:30

Ferratum Oyj: Fitch Downgrades Ferratum to B+/Negative on Coronavirus Disruption

Ferratum Oyj / Key word(s): Rating
Ferratum Oyj: Fitch Downgrades Ferratum to B+/Negative on Coronavirus Disruption

03-Apr-2020 / 20:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Fitch Downgrades Ferratum to B+/Negative on Coronavirus Disruption

Helsinki, 3 April 2020 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ("Ferratum" or the "Group") announces that Fitch Ratings has downgraded Ferratum Oyj's Long-Term Issuer Default Rating (IDR) and the Long Term rating of senior unsecured notes issued by Ferratum Capital Germany GmbH from 'BB-' outlook stable to 'B+'/RR4 on increasing coronavirus-related risks. The Outlook on Ferratum's Long-Term IDR is Negative.

About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 23 countries across Europe, Africa, South and North America, Australia and Asia.

As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum has approximately 740,000 active customers that have an open Mobile Bank account or an active loan balance in the last 12 months (as at 31 December 2019).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

IR@ferratum.com

https://www.ferratumgroup.com/investors/ir-contact


03-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

International School Augsburg (ISA) – erste Schule in Deutschland geht an die Börse

Die International School Augsburg – ISA- gemeinnützige AG geht als erste Schule in Deutschland an die Börse und macht damit erstmals das Thema „Bildung“ unter ESG-Kriterien investierbar. Mit dem geplanten Emissionserlös soll ein Campus-Neubau finanziert werden, um die hohe Nachfrage bedienen zu können. In unserer Researchstudie haben wir die hohe Bedeutung der ISA für den regionalen Wirtschaftsstandort, eine hohe Stabilität der Geschäftsentwicklung sowie hohe Sicherheiten durch vorhandene Sachwerte ermittelt. Das Rating lautet KAUFEN.

News im Fokus

Fresenius Medical Care AG & Co. KGaA veröffentlicht Form 20-F für das Geschäftsjahr 2020

24. Februar 2021, 10:51

Aktueller Webcast

HENSOLDT AG

FY 2020 prelim. results

24. Februar 2021

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

24. Februar 2021