An insurance company with Western capital invested in NovaPay and Nova Poshta securities
28.03.2025NovaPay Series I corporate bonds were purchased by UNIQA Insurance Group subsidiary UNIQA Life, writes dev.ua.
Illustrative photo
Investors in Series I bonds will receive their interest payments quarterly at a stated rate of 17% after maturity in December 2027, the company said.
All securities of this series were purchased by institutional market participants for UAH 90 million.
NovaPay issued Series I bonds at the end of last year, currently Series A, B, D, E, F, G, H bonds are available for sale on stock exchanges.
NovaPay Credit LLC placed its debut and two more public issues of interest-bearing bonds (series A, B, and C) with a nominal value of UAH 100 million each in 2023. In April 2024, NovaPay launched three more issues of bonds of series D, E, and F.
In the 1st quarter of 2025, the company reported that Nova Poshta fulfilled its financial obligations to investors and redeemed series D bonds with a nominal value of UAH 800 million. The company has been placing bonds since 2019. During this time, Nova Poshta has issued a total of six series of bonds with a nominal value per series from UAH 300 million to UAH 1 billion.
Read also on Newsky "Price: Frozen assets of the Russian Federation are a guarantee of reparations for the aggressor" and look at "Boring Pence" YouTube channels.
To always be aware of events, subscribe to TG channel Newsky. We also recommend current discussions of friends of Ukraine in North America on Rashkin Report YouTube channels.
