NEWS
A selection of important Mogo milestones and releases.
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Mogo Finance reports Unaudited results for the nine months ended 30 September 2019
Increase in issuances continue to drive strong results OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased strongly by 40.2% equaling EUR 132.6 million (9M 2018: EUR 94.6 million), of which EUR 76.3 million in mature markets (9M 2018: EUR 69.1 million) Number of active customers in mid-tier markets up significantly by approx. 100.0% to over […]
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Application for receipt of the noteholders’ consent on amendments to the Terms of the Notes Issue (ISIN: LV0000880029)
In accordance with Section 5.5. of to the Terms of the Notes Issue of AS “mogo” dated 27 November 2017 (ISIN: LV0000880029) AS “mogo” asks the noteholders to grant their consent for amendments to the terms of the notes issue, which provide that the principal amount of the notes shall be fully repaid in one […]
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Application for receipt of the noteholders’ consent on amendments to the Notes Prospectus (ISIN: LV0000801363)
In accordance with Clause 6.6. of to the Notes Prospectus of AS “mogo” dated 13 October 2014 (ISIN: LV0000801363) AS “mogo” asks the noteholders to grant their consent for amendments to the prospectus, which provide that the principal amount of the notes shall be fully repaid in one instalment on 31 March 2021, replacing quarterly instalments of […]
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Mogo Finance reports unaudited results for the financial year ended 31 December 2018
Investments for further increases in profitability while improving performance quarter on quarter OPERATIONAL AND STRATEGIC HIGHLIGHTS Significant growth in core business with Group loans issued increasing by 46.5% equalling EUR 121.5 million (FY 2017: EUR 82.9 million), of which EUR 88.4 million in mature markets (FY 2017: EUR 66.0 million)Consolidated number of active customers up significantly by approx. 47.7% to over 65,000 (31 December 2017: approx. 44,000)Armenia […]
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Mogo Finance: Unaudited FY2018 results on 13 February 2019 – Invitation to conference call on unaudited FY2018 results on 15 February 2019
Mogo Finance: Unaudited FY2018 results on 13 February 2019 – Invitation to conference call on unaudited FY2018 results on 15 February 2019 Riga, Latvia, 7 February 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 15 […]
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Mogo Finance: Change in the Management Team
Mogo Finance: Change in the Management Team Riga, Latvia, 15 January 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announce changes in the Management Team as part of the envisaged corporate progress. Following the successful expansion of its geographical footprint, the Group is now further focusing on operational excellence. […]
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Mogo Finance 9.50% corporate bond 2018/2022 - Listing on the Frankfurt Stock Exchange's regulated market
Mogo Finance 9.50% corporate bond 2018/2022 – Listing on the Frankfurt Stock Exchange’s regulated market Riga, Latvia, 30 November 2018. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announce the listing of its existing 9.50% corporate bond 2018/2022 (XS1831877755) effective today on the regulated market (General Standard) of the Frankfurt […]
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Mogo Finance announces settlement and listing of EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Mogo Finance announces settlement and listing of EUR 25 million tap on existing 9.50% corporate bond 2018/2022 Riga, Latvia, 16 November 2018. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announce the settlement and listing of the EUR 25 million tap on its existing 9.50% corporate bond 2018/2022 (XS1831877755) effective […]
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Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022 Riga, Latvia, 9 November 2018. Mogo Finance and its group companies (the “Group”), specialized in used car financing, is pleased to announce the successful placement of the tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at par plus accrued interest. […]
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Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022
Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022 Riga, Latvia, 6 November 2018. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announces the start of the subscription period for the increase of its 9.50% corporate bonds 2018/2022 (XS1831877755) by way of a tap issue. Denominated […]
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Mogo Finance reports unaudited results for the nine months ending 30 September 2018
Mogo Finance reports unaudited results for the nine months ending 30 September 2018 Loan portfolio up by 38.8% with strong performance in mature markets, further optimization of financing costs. OPERATIONAL AND STRATEGIC HIGHLIGHTS Significant growth in core business with Group loans issued increasing by approx. 75.5% equalling around EUR 93 million (9M 2017: approx.: EUR […]