4finance Credit Ratings Reaffirmed

Riga, Latvia, 17 September 2015. 4finance Holding S.A. (the “Group” or the “Company”), one of Europe’s largest online and mobile consumer lending groups, acknowledges the recent confirmation of its credit ratings.  Standard & Poor’s Rating Services (“S&P”) reaffirm a counterparty rating of B+/Stable and an issue rating of BB- on our listed US dollar and Swedish krona bonds.  Moody’s Investors Service retain a B3 corporate rating and upgrade the outlook to positive from negative.

Citing 4finance’s flexible and scalable business model and strong earnings track record, the report from S&P reflects the expectation that the company will maintain strong profit growth as it continues to expand into new markets and develop its product range.

Moody’s affirmation of 4finance’s ratings reflects the Company’s high capitalisation, which is underpinned by strong earnings levels that Moody’s views as increasingly reliable, owing to the Company’s gradual shift towards long-term lending.

The change in Moody’s outlook to positive is driven by 1) the increasing geographic diversification of the company, which reduces the risk that the introduction of restrictive consumer protection regulations in one market could pose to the company’s overall financial performance, and 2) increasing predictability of earnings.

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