Brussels – 04 July 2014 – EnterNext announces the successful corporate bond listing by CE Credit Management II on its Alternext Brussels market.
CE Credit Management II is active in the management of large portfolios of accounts receivables in the B2C market. The portfolios are acquired in different sectors such as telecom, utility, medical services, healthcare and online retail. CE Credit Management II is initiated by Credit Exchange B.V. for the purpose of offering bondholders one-on-one security to their loan and attracting financing for growth.
The bond was admitted to listing on Alternext Brussels through a private placement with a total issued amount of € 5,425,000 reaching maturity on the 27th of June 2019. The interest rate stands at 7.75%.
“We are pleased to welcome the CE Credit Management II bond issue on Alternext Brussels” said Vincent Van Dessel, CEO of Euronext Brussels.“Bonds allow companies to diversify their financing options in a flexible and efficient manner. We believe that the bond offering offers a meaningful opportunity to attract more investors.”
Alain Baetens, Head of Listings at Euronext Brussels, added: “We are delighted with the first listing of CE Credit Management II’s Private Placement on Alternext Brussels. Its successful connection with the financial capital markets opens a further diversification of its financing sources and raises its visibility in the investor community. The choice of Alternext offers a quality market access tailored for SMEs seeking funding to roll out their strategies.”
Today, to celebrate the introduction of the new bond, Richard Struijk, CCO of Credit Exchange Group, rang the bell in Brussels to open the trading on Euronext’s European markets. He was accompanied by Vincent Van Dessel, CEO of Euronext Brussels, and Alain Baetens, Head of Listings of Euronext Brussels.
About CE Credit Management
CE Credit Management II is active in the management of large portfolios of accounts receivables in the B2C market. The portfolios are acquired in different sectors such as telecom, utility, medical services, healthcare and online retail. CE Credit Management is initiated by Credit Exchange B.V. for the purpose of offering bondholders one-on-one security to their loan and attracting financing for growth. Credit Exchange is an established credit management specialist with (through its subsidiaries) over 15 years of experience. The relation between CE Credit Management and Credit Exchange is based on a Service Level Agreement, where Credit Exchange has been appointed as executor of the collection process. For more information go to www.cecm2.nl .