PragmaGO has opened subscriptions for three-year unsecured corporate bonds. Subscriptions will be accepted from 17 June to 2 July this year. The bonds will carry a floating interest rate based on WIBOR 3M plus a margin ranging from 3.35 percentage points to 3.75 percentage points per year. The annual interest rate will amount to 7.21%. The company aims to raise at least PLN 60 million.<\/p>\n
\u201cWe are launching the largest bond issue in the company\u2019s history. The funds raised will strengthen our capital position and allow us to reduce the cost of debt servicing and extend its weighted tenor. To support demand, during the subscription period we will redeem bonds worth PLN 25 million that mature in January 2027. At the same time, we have included in the issue terms the possibility of paying for the newly acquired bonds by offsetting them against another series maturing in March 2027,\u201d said Jacek Obrocki, Vice-President of PragmaGO.<\/p>\n
In the first quarter of 2026, the PragmaGO Group financed more than PLN 782 million in receivables, representing a 9% increase year on year. The Group\u2019s services were used by 15,300 micro and small businesses, up 7% year on year, which carried out more than 227,000 transactions, an increase of 26% compared with the same period last year. In the embedded finance B2B model, including BNPL and Merchant Cash Advance solutions, PragmaGO provided PLN 248 million in financing, up 35% year on year.<\/p>\n
Alongside the dynamic growth of its operations in Poland, PragmaGO is consistently expanding its presence in foreign markets. This strengthens its B2B embedded finance model, which is based on strategic partnerships. The company\u2019s services are designed to be scalable and transferable to new markets, both in terms of user experience, risk assessment and technology.<\/p>\n
PragmaGO is already present in Romania and has recently expanded into Spain and Croatia. The company is developing cooperation with partners that provide services to the SME sector. Its international partners include brands such as Glovo, Pluxee, Gomag and Qonto. As a result, financing can be made available to entrepreneurs directly within purchasing and sales processes.<\/p>\n
International expansion and new partnerships are expected to support further growth in the scale of the Group\u2019s operations, diversify its revenue sources and help build PragmaGO\u2019s position as one of the leading fintech companies financing the SME sector in Europe.<\/p>\n
The bonds issued by PragmaGO will be introduced to trading on the regulated Catalyst market operated by the Warsaw Stock Exchange. PragmaGO\u2019s strategic investor is Enterprise Investors.<\/p>\n
Disclaimer:<\/strong> The information contained in this publication is for informational purposes only. It does not constitute financial advice or any other form of advice. It is general in nature and is not addressed to any specific recipient. Before using this information for any purpose, independent advice should be sought.<\/p>\n","protected":false},"excerpt":{"rendered":" PragmaGO has opened subscriptions for three-year unsecured corporate bonds. Subscriptions will be accepted from 17 June to 2 July this year. The bonds will carry a floating interest rate based on WIBOR 3M plus a margin ranging from 3.35 percentage points to 3.75 percentage points per year. The annual interest rate will amount to 7.21%. […]<\/p>\n","protected":false},"author":1,"featured_media":5677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[3129,2702,2952,2768,3242,4647,3451,64,65,286,2920,82,48,3264],"class_list":["post-5676","post","type-post","status-publish","format-standard","has-post-thumbnail","category-companies","tag-3m","tag-catalyst","tag-enterprise-investors","tag-fintech","tag-glovo","tag-jacek-obrocki","tag-pluxee","tag-poland","tag-romania","tag-spain","tag-user-experience","tag-warsaw","tag-warsaw-stock-exchange","tag-wibor"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=5676"}],"version-history":[{"count":1,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5676\/revisions"}],"predecessor-version":[{"id":5678,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/5676\/revisions\/5678"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/5677"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=5676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=5676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=5676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}