ABG Sundal Collier acted as sole manager and bookrunner for Verdane-owned momox Holding SE, in connection with their EUR 125 million bond issue

momox Holding SE (“momox”), based in Berlin, Germany, is a leading European re-commerce company selling and buying second-hand goods online. momox’s customers are reached through own sites (momox, medimops and momox fashion) or through external platforms such as Amazon and eBay – where momox is the world’s 1st and 2nd largest seller globally, respectively.
The transaction received strong interest from both Nordic and international investors, resulting in a well oversubscribed book. The senior secured bonds will bear a coupon of 3m EURIBOR + 6.50% p.a. The net proceeds from the EUR 125 million of four-year senior secured bonds will be used to refinance existing debt, finance a shareholder distribution and general corporate purposes.