EnterNext accueille les obligations de Trefi Finance

First bond issue through new initiative for flexible financing solutions for Dutch and Belgian markets

Amsterdam, Brussels – 24 April – EnterNext, the Euronext subsidiary designed to promote and grow the market for SMEs, today welcomed the bond issue for Trefi Finance, an alternative financier of working capital for small and medium-sized enterprises. This is the first bond issue making use of EnterNext’s initiative specifically designed to simplify SMEs’ access to capital and provide a broader investor base for Belgian and Dutch family businesses and entrepreneurs that was launched last week.

The total nominal amount of the bond is EURO 5 million and is part of a larger, EURO 50 million senior secured bond programme. The bond issue is intended to provide more SMEs with capital in an accessible way. Trefi Finance will use the capital raised to purchase receivables of small and medium-sized enterprises, in order to strengthen their cash position. The bond has received a BBB rating from Creditreform Rating Agentur AG. Multi-asset class broker AFS Group served as listing sponsor for the bond issue.

Hein Kop, Director of Sales and Marketing of Trefi Finance said: “This bond issue is the first in a row, to raise capital to improve the financial position of the small and medium-sized enterprises in our country. This is highly important because we must not forget that these SMEs are the backbone of our economy.”

“We are pleased that by means of Trefi Finance's bond listing indirectly many SMEs will be able to benefit from our new EnterNext initiative,” said Maurice van Tilburg, CEO of Euronext Amsterdam. “We are fully committed to support small and midsized companies in their growth and expect more companies to follow Trefi Finance's example.”

“We would like to congratulate Trefi Finance on its successful bond issue,” added Hans Leufkens, Head Client Coverage EnterNext. “More and more companies are looking at the exchange in their search for capital. With the new initiative EnterNext aims to offer a wide range of cost efficient financing solutions for small and midcaps through a public offer or private placement of equity or debt. Trefi’s connection with the financial capital markets opens a further diversification of its financing sources and raises its visibility in the investor community.”

Trefi Finance celebrated the bond issue by having their Fund Manager, Florus van Herpt, sound the gong which denotes the opening of trading.

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Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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