NEWS, Corporate

OK Mobility increases the maximum balance of its promissory note programme on the MARF to €150 MM

Nov 20, 2023

OK Mobility Group, S.A. ("OK Mobility") has expanded its promissory note programme on the Alternative Fixed Income Market (MARF) from €84 million to €150 million as part of its financial diversification strategy.

In light of the great response OK Mobility is receiving from investors, the company has decided to expand its promissory note programme, reinforcing its commitment to the capital markets, a step made possible by the recent transformation to a public limited company, which the company undertook to sophisticate and strengthen its corporate structure and improve its financial capacity, opening the way to new growth opportunities.

The company's success on the MARF demonstrates OK Mobility's high degree of solvency and its ability to attract capital from various sources to continue its expansion process.

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