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Spain On 30 May 2017 Lendify Sweden 1 AB (publ) issued Senior Secured Floating Rate Bonds with a maximum nominal amount of SEK 300,000,000. The bonds have a three year maturity and a fixed rate of 5 per cent interest per annum.
The Net Proceeds from the issue of Initial Bonds shall be used to finance the Issuer’s purchase of Promissory Notes from the Originator, deposit an amount on the Interest Reserve Account equivalent to the Minimum Interest Reserve Amount and finance certain costs of the Issuer.
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