2023-08-31

Buyback pricing condition change

Buyback pricing condition change

 

Please be informedthat NEO Financeisintroducing  newBuybackpricingfor A, B and Cratings. Thisapplies to loansinvestedmanuallyor via automaticinvestmentads.  

 
 Since NEO Financeinception, ourtoppriorityhasbeen to ensurethetransparencyandstabilityoftheplatform. Stabilityisthekeynotonlyforthebusinesssustainabilitybut also forthesecurityofinvestments. NotethatBuybackpricingcoefficientswerelastrevisedin 2016, withtheexceptionofthe A+ rating, wherethecoefficientwaschangedfrom 0,7 to 1 in 2021.  

  

Today, inresponse to thechangingmicroeconomicenvironmentandinorder to maintaintheright balance betweenourlong-termobjectivesandmarkettrends, we are introducing changes to Buybackpricingconditions.Thesechangeswill also make a significantcontribution to thelong-termsustainabilityoftheplatform.  

 

Thenewpricingconditions are listedinthetablebelow: 

  

 
 
 
 
 
 

Offerexpirydate 

 
 
 
 
 

NewcoefficientforA+ (for investments concluded before 12.04.2021 )A, B, C ratings (allinvestors) 

 

 
 
 
 
 

 New coefficient for A+ (for investments concluded before 12.04.2021 ) A, B, C ratings (VIP investors) 

 
 
 
 
 

1-3 

 
 
 
 

0,50 

 
 
 
 

0,55 

 
 
 
 
 

4 

 
 
 
 

0,45 

 
 
 
 

0,50 

 
 
 
 
 

5 

 
 
 
 

0,40 

 
 
 
 

0,45 

 
 
 
 
 

6 

 
 
 
 

0,35 

 
 
 
 

0,40 

 
 
 
 
 

7 

 
 
 
 

0,30 

 
 
 
 

0,35 

 
 
 
 
 

8-30 

 
 
 
 

0,25 

 
 
 
 

0,30 

 

Youcanfindtheprevious sales coefficientsonour "Pricing" page. Wewouldlike to emphasizethatforloansarrangedafterApril 12, 2021, A+ coefficientsremainunchanged, i.e. a 100% buyback guarantee applies.There is no possibility to sell C- rated investments to the NEO Finance.  

 

IMPORTANT:   

 

The new coefficients will be applied to all investments under the following conditions:

 

Ifyouenteredintoaninvestmentagreementwith NEO Financeafter 1 March 2023, thenewcoefficientsforfundedloanswillapplyfrom 14 September 2023. 

 

Ifyouenteredintoaninvestmentagreementwith NEO Financebefore 1 March 2023, thenewcoefficientsforfundedloanswillapplyfrom 1 March 2024. 

 

 

WeexpectBuyback to continue to creategreatvalueforourinvestorsontheplatformand to contribute to reducinginvestment risk. Ifyouhaveanyquestions, pleasecontactourcustomerserviceteam at [email protected] , phone: +37068700300.