Creditstar Group is pleased to announce the successful completion of its largest bond issuance to date, raising a total of €46 million, including proceeds from a pre-issuance completed earlier this year. The bonds carry nominal interest rates ranging between 11.5% and 13.5% and mature on 01.06.2026, 01.06.2027, and 01.06.2028.
The funds will support Creditstar’s continued expansion across its eight European markets and the refinancing of existing obligations.
The transaction attracted strong interest from a diverse group of investors, including institutional investors from Estonia, Lithuania, and Poland, highlighting broad regional confidence in Creditstar’s strategic direction and financial performance.
Aaro Sosaar, CEO of Creditstar Group, commented:
“We are very pleased with the results of this bond issuance. The strong demand and favorable terms reflect investor trust in our technology-driven credit operations. This raise supports our capital plan and allows us to continue scaling our digital-first services across Europe.”
Valter Kaleta, Board Member at Creditstar Group, added:
“This issuance saw participation from experienced institutional investors across the region and was completed on more favorable terms than our bond offerings last year, with interest rates reduced by 1%. The improved pricing signals growing market confidence in Creditstar and demonstrates the strength of our financial position. It’s encouraging to see our long-term strategy delivering tangible outcomes.”
The successful issuance reinforces the company’s commitment to funding diversification and delivering innovative credit solutions across Europe.
Creditstar Group maintains a strong European investor network and is a prominent issuer in the Baltic bond market. The latest issuance was registered by Nasdaq CSD SE, with legal documentation prepared by Sorainen.