Qred Holding AB (publ) eng

Qred repurchases bonds to strengthen equity

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Qred Holding AB (publ) (the “Company”) has repurchased bonds with a nominal value of EUR 7,300,000.

The repurchases concern the Company’s senior secured bonds with a nominal outstanding amount of EUR 40,000,000 (ISIN: SE001250726). The bonds have a floating rate corresponding to EURIBOR 3m plus 8.5 percent and are due in June 2022. The average purchase price corresponds to 75.75 percent of the nominal value of the bonds. Following the purchases, the Company’s holding amounts to a nominal amount of EUR 7,300,000.

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About Qred Holding AB (publ) eng

Qred Holding AB (publ) eng
Qred Holding AB (publ) eng



Qred helps small companies grow by providing fair and accessible financing. Launched in Sweden in 2015, Qred has expanded to Finland, Denmark and the Netherlands, offering entrepreneurs loans for investments and working capital. An automated and fully digital process keeps costs and credit losses low, while simultaneously giving customers the user experience they deserve and expect. Qred was created for entrepreneurs, by entrepreneurs, and is helping redefine small business financing in northern Europe.

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Latest releases from Qred Holding AB (publ) eng

Qred increases income by 90 % first quarter 202028.5.2020 14:30:00 CESTPress release

Qred’s growth in the first quarter of 2020 continued at a rapid pace, despite the difficult developments in the local and global economies. In early March, Qred was named Sweden’s fastest growing company and placed 8th in Europe, alongside global heavyweights, when the Financial Times published their annual list of Europe’s 1000 fastest growing companies. From mid-March, the situation in the market changed significantly as a result of the pandemic caused by the outbreak of the coronavirus. Qred’s business model is well suited to handle such downturns in the economy without large disruptions to our business. “We have been able to mitigate many of the effects caused by the corona virus thanks to our digitalized processes and cloud-based business model. In addition, we have a balanced customer base that extends across many industries, which spreads the risk further, “says Andrea Romander at Qred. The pandemic has however created uncertainty in the general economy going forward. The compan

Qred Holding AB publishes bond prospectus and applies for listing of its bonds on Nasdaq Stockholm17.4.2020 14:00:00 CESTPress release

Qred Holding AB (publ) (the “Company”) has issued a senior secured bond loan of EUR 40,000,000 on 17 June 2019, within a total framework amount of EUR 100,000,000, on the Swedish bond market. The bonds carry a floating interest rate and mature on 17 June 2022. The Company will apply for listing of the bonds on the Corporate Bond list at Nasdaq Stockholm during May 2020 and the bonds are planned to be admitted to trading at Nasdaq Stockholm during May or early June 2020. In connection with this, the Company has prepared a prospectus. The prospectus has been approved by, and registered with, the Swedish Financial Supervisory Authority in accordance with the Regulation (EU) 2017/1129 of 14 June 2017 of the European Parliament and of the Council. The prospectus will be available on the Financial Supervisory Authority’s website (www.fi.se) and on the Company’s website (wp.qred.com/se/bond-information). For further information, please contact: Andrea Gyllencreutz Romander, Head of Communicat

Q3 Report: Qred Increases Lending by 95%28.11.2019 09:00:00 CETPress release

Consistent, strong growth continues to characterize the first nine months of the year. Qred is growing in both established markets such as Sweden and Finland, as well as in newer markets such as Denmark and the Netherlands. Thus far in 2019, the cost base in the group has grown in line with revenue growth. Interest income and the loan portfolio continue to increase, while operating income and earnings have been countered by a higher cost of funding.

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