Crowdlending platform JetLend plans to go public in 2024, a company representative told RB.RU.
To achieve this, on December 22, JetLend issued bonds of the BO-01 series for 80 million rubles. JetLend CEO Roman Khoroshev believes that entering the public debt market is important to create a positive reputation for the company. “It will be necessary for a successful IPO in 2024,” Khoroshev said.
The circulation period of the bonds will be 1080 days (3 years). The face value of each title is one thousand rubles. The placement price is 100% of the nominal value. Coupon period: 30 days. The bond placement method is open subscription. The rate for 1 to 36 coupons is set at 21% per year (per paper – 17.26 rubles). The total income for each coupon will be 1,380,800 rubles.
According to Forbes, the IPO will be held on the Moscow Stock Exchange in November-December 2024. According to the publication’s interlocutors, depending on the growth of the company and the situation on the stock market, the capitalization may range from 11 billion to 20 billion rubles.
In February-March 2024, the company plans to reorganize and create the holding company Jetland Holding JSC.
JetLend specializes in small business loans.
Author:
Anastasia Marina
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
