Gottex Brokers SA has been appointed as the Regional Sales Agent for the Swiss market by Mogo Finance to tap the existing listed Senior Secured Bond (Bloomberg ISIN: XS1831877755).
Having found its niche market in the financing of used cars, Mogo’s strategy is to offer its customers convenient and affordable car financing solutions.
Mogo has expanded its operations to 15 countries, running a net loan portfolio over €130mio to date (with €250mio+ loans issued since its inception). Low funding volumes, and intelligent data-driven credit assessments, engender a different risk profile in comparison to traditional leasing companies. The Baltics and Georgia remain the company’s primary markets, but Mogo is growing fast in many other Eastern European countries.
In June 2018, Mogo Finance successfully issued a 4 year senior secured corporate bond, offering investors a 9.5% coupon. The deal was oversubscribed, with a large portion coveted by a variety of asset managers, family offices and private banks.
To maintain this rapid growth in the business, Mogo Finance is currently looking to tap their existing bond issuance.
Gottex Brokers is a bespoke interbank and institutional broker, specializing in over-the-counter (OTC) interest rate derivatives in a variety of currencies.
With over thirty years’ experience in providing our customers with an elite and tailored service, Gottex remains at the forefront of technological innovation and development in the ever-changing marketplace for interest rate derivatives and fixed income.
As the global reference for Swiss Franc interest rate derivatives, and a dominant force in the
Scandinavian markets, we offer unrivalled, customized solutions to our clients, while maintaining the highest levels of professionalism and integrity.
Our experienced and internationally diverse team serves to reinforce the strength of our brand, which has been a hallmark of the OTC derivatives business since its foundation in 1986.
As the premier interdealer broker for OTC interest rate derivative products in Swiss Francs, Gottex
Brokers has retained its position as the benchmark reference for market participants for over 15
Building on its traditional domestic client base, Gottex has been able to provide a continuous and evolving service of excellence to Swiss Franc customers worldwide.
In line with its strategy to expand both its product offering and on-the-ground personalised service to clients, Gottex Brokers will be opening its second Swiss office in Zurich early 2018.
Renowned for its market strength in Swiss Francs interest rate derivatives and fixed income products, the Zurich Office will provide a platform to develop Gottex’ offering in Commodities and Short-Term Derivatives.
As part of our continued growth in the Scandinavian markets, Gottex Brokers established a branch office in Stockholm in 2015, cementing our commitment to providing our clients with a top-tier service across geographical borders, while increasing the array of interest rate derivatives and fixed income products offered.Download capital disclosure
In April 2017, we opened our second Scandinavian office in the heart of Oslo’s financial district.
We offer high-level execution services in the areas of Fixed Income and FX Derivatives to key institutional investors allowing us to respond to market needs and broaden our services.