As the manager of ELG’s new covered bond, we are pleased to invite you to participate in this unique investment opportunity. Participate in the upcoming IPO auction on the BEAM market of the Bulgarian Stock Exchange and become part of ELG’s growth story – a leading automotive operator in Bulgaria and Macedonia!

Now is your chance to invest in ELG’s new bond. ELG is an innovative company that integrates sales, financing, and leasing of used cars, focusing primarily on leasing for the purchase of these vehicles.

Key features of the bond:

• Issue Size: up to 5,000,000 euros
• Coupon: 3-month EURIBOR + 6.15%
• Floor/Cap: at least 7.15% and up to 10.00%
• Coupon frequency: quarterly
• Maturity: 60 months
• Repayment schedule: equal quarterly payments starting from the 5^th quarter
• Number of Bonds: up to 5,000
• Nominal and Issue Value: 1,000 euros

Why you should invest in ELG’s bonds?

• Enticing Returns: The high coupon rate ensures excellent returns on your investment.
• Sound Financials: ELG and its subsidiaries have successfully issued and paid bonds with total value exceeding 40 million euro.
• Market Leadership: ELG holds an approximately 8% share of the used car leasing market in Bulgaria.
• Innovation and Growth: The company focuses on developing innovative business models such as car-as-a-service and full digitalization of the car trading processes.
• Stable Major Shareholder: ELG Capital, with ultimate beneficial owners Asen Asenov and Ivaylo Petkov who have over 20 years of successful experience in the leasing business.

Collateral and ratios:

• Maximum Debt-to-Asset Ratio on a consolidated basis: 90%
• Collateral: Receivables from leasing contracts, vehicles, operational accounts, financed portfolios

Intended use of proceeds:

The funds raised will be used in strategic projects that will stimulate the long-term success of the company.

• Up to 3.0 million euros: Leasing services (Uplease)
• Up to 2.0 million euros: Leasing services (Amigo Finance)
• Up to 0.75 million euros: Leasing services (ELA MK)

Don’t miss the opportunity to invest in the successful and innovative automotive operator ELG. For further queries or assistance, please contact us at +359 2 9021952 or shares@eurofinance.bg.