Multitude SE has successfully completed a written procedure initiated on May 16, 2024, concerning amendments to the terms and conditions of its subordinated perpetual floating rate callable capital notes. A sufficient number of noteholders participated to form a quorum, with the majority voting in favor of the proposed amendments.
The approved amendments will come into effect upon the Company and the agent entering into an amendment and restatement agreement, aligning the terms and conditions of the notes as outlined in the notice of the written procedure.
Multitude SE, a European FinTech company, offers digital lending and online banking services to consumers, small and medium-sized businesses, and other overlooked FinTechs. Operating through three distinct business units supported by its Banking-as-a-Service Growth Platform, Multitude Group employs over 700 individuals across 25 countries, generating a combined turnover of 230 million euros in 2023.
For more information, contact Lasse Mäkelä, Chief Strategy and IR Officer, at +41 79 371 34 17 or via email at lasse.makela@multitude.com. Multitude SE is listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol ‘FRU’.
 today announces the successful completion of the written procedure that was initiated on 16 May 2024 in relation to the Company's subordinated perpetual floating rate...){kind=link}