EQS-News

PlusPlus Capital progresses in building sustainable financing structure by aligning interests of all debt investors

EQS-News: PlusPlus Capital Financial S.à.r.l. / Key word(s): Bond/Financing PlusPlus Capital progresses in building sustainable financing structure by aligning interests of all debt investors 06.12.2022 / 12:15 CET/CEST The issuer is solely responsible for the content of this announcement. PlusPlus Capital progresses in building sustainable financing structure by aligning interests of all debt investors Tallinn, Estonia, 6 December 2022. PlusPlus Capital (“PPC”), a leading Pan-Baltic and Finnish technology-driven receivables management group, has received feedback from the majority of holders of its 2022, 2023, and 2024 Estonian Notes, and all other creditors to consider the offer for conversion into Eurobond XS2502401552. Based on the response from the holders, the Company is evaluating additional covenant commitments and/or undertakings, subject to equal treatment and the interests of the majority, to facilitate a positive conclusion of the conversion offer. The structuring of interest-bearing liabilities into a single instrument serves to sustainably align PlusPlus Capital's financing.

Further information will be provided in due course.

The following schedule (indicative)* is foreseen:

• On or about 23 January 2023 – Technical Information provided to the holders of Estonian notes and other creditors, including pre-filled orders for securities transactions for signature and submission to bank
• On or about 30 January 2023 - Record date for the conversion into Eurobond XS2502401552
• On or about 1 February 2023 - Settlement date for the conversion into Eurobond XS2502401552

* Unforeseen changes in the schedule may occur in the course of the process.

Contact:

PlusPlus Capital
Peeter Piho, Chairman of the Supervisory Board
Email: [e-mail]
Phone: [phone]

Aalto Capital (Investor Relations)
Sven Pauly, Consultant
Email: [e-mail]
Phone: [phone]

About PlusPlus Capital:

PlusPlus is a pan-Baltic and Finnish technology-driven receivables management company with offices in Tallinn, Riga, Vilnius, and Helsinki. The Company acquires overdue loans and other non-performing exposures from financial institutions and non-financial sector merchants. With its core competence in handling claims against private individuals, PlusPlus prefers diversified portfolios balanced by geography, portfolio type, and other metrics.