Creditstar Group is pleased to announce the successful completion of an €11.3 million bond issuance in March, with bonds issued on the 1st of April. The offering includes 14, 26, and 38-month maturities and was completed in collaboration with a financial institution in Lithuania.
This transaction marks Creditstar’s largest issuance to date completed with a single partner and represents a strong start to the company’s upcoming bond offering, which will launch later in April with bonds issued on the 2nd of June.
A portion of the proceeds from this issuance will be used to refinance bonds maturing in the upcoming issue, supporting Creditstar’s capital planning and ensuring a smooth transition between funding rounds.
The funds raised will also support Creditstar’s continued growth across European markets, enabling the expansion of its consumer credit portfolio and the further development of its digital financial services.
Aaro Sosaar, CEO of Creditstar Group, commented:
“We’re pleased to see strong interest in this latest bond issuance. This raise supports our strategic objectives as we scale our operations and deliver accessible, transparent financial products to even more customers.”
Valter Kaleta, Board Member at Creditstar Group, added:
“This transaction demonstrates continued confidence from the investor community and gives us a solid foundation as we approach the next stage of our capital issuance plan — including our upcoming bond offering starting later in April. We look forward to building on this momentum. We are also pleased to note that the new issuance was subscribed at a lower weighted average coupon rate than that of the bonds it refinanced.”
This bond issue contributes to the company’s capital planning ahead of the 1st of June maturity, reinforcing Creditstar’s proactive and balanced approach to funding and growth.
Creditstar remains committed to diversifying its funding sources, maintaining a strong investor base, and supporting customers through innovative financial solutions.
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