Eleving Group · OMXRSE:ELEVR
Eleving — Mogo Finance — Debt Investor Presentation (July 2020)
5 slides from Eleving's debt investor presentation, July 2020
Slide 1: Mogo Finance recent developments
Mogo Finance recent developments Successful transition through Covid July 2020
Slide 2: Recent developments: operational update
Recent developments: operational update Strict underwriting and focus on debt collection have resulted in cash accumulation • Constantly growing issuances • Gradual increase in sales in May and June, only after evidence of easing of lockdowns and warm up of economies • Changes in product offering: •
Slide 3: Recent developments: business update
Recent developments: business update Targeted acquisition which will significantly strengthen the Mogo Group Mogo Finance acquired Sebo Credit SRL • Sebo – well established profitable business operating in consumer lending sector in Moldova: • 2nd largest non-banking credit organization in Moldova m
Slide 4: Capital market activities: next steps
Capital market activities: next steps Keeping close and transparent relations with our Bondholders • The dynamics of an early pandemic outbreak were clear already in April • The outcomes of which have resulted in a substantial pressure on our Eurobond maintenance covenants, particularly on the Inter
Slide 5: Thank you for your attention!
Thank you for your attention!
Mogo Finance — Debt Investor Presentation (July 2020) on 6ix