Bong makes bond repurchase
Bong AB (publ) has made a repurchase of its own senior secured notes on the market. The repurchase was made to the nominal amount of SEK 2.0 million. The repurchase is related to the company’s own bond loan with an outstanding nominal amount before the repurchase of 210 MSEK which Bong issued in October 2018 with a 3 year tenure at the interest rate of Stibor (3m) +10 %. The senior secured notes are listed on Nasdaq Stockholm’s Corporate Bonds List with ISIN: SE0011281419. Bong is one of the leading providers of envelope products in Europe that also offers solutions for distribution
Resurs will become the first the business world’s first company to support, and become a partner of, Alektrum Group’s Shoppa Lagom (‘shop in moderation’) initiative that aims to spread awareness and raise issues that help more people in society keep their finances balanced. Resurs sees the partnership as a part of its ongoing efforts to highlight the importance of sustainable credit lending, both as a basis for secure and smart loans and as a focus area for its sustainability activities.A wide range of players have emerged in the bank and credit industry in the past few years and the market
The international fintech celebrates the unprecedented success of its mobile app. The Currency Exchange app for Android has been downloaded over 2.1 million times. Many financial services providers can only dream of such a result.The app enabling quick and seamless currency exchange at attractive rates has become a hit of 2020. Exceeding 2.1 million downloads from Google Play, it recorded a 110 percent increase in downloads compared to last year. The impressive result gives Conotoxia an overwhelming advantage over some of its competitors.
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