The National Securities and Stock Market Commission (NSSMC) has registered the issue of three-year Series A bonds by Liberty Finance Financial Company LLC (Kyiv), a major player in the cash currency exchange market and part of KYT Group, under whose brand its exchange offices operate. As noted in the regulator’s decision, the issuer plans to place the bonds privately. According to the NSSMC, the bonds are issued in denominations of UAH 1,000 and mature between May 1 and June 1, 2028.
No other information on the terms of the issue is available at this time.
As reported by the National Bank in April this year, FC Liberty Finance has refused to provide such licensed services as factoring, financial leasing, and the provision of guarantees, and has the right to engage in the provision of funds and bank metals on credit, as well as in the trade of currency valuables in cash on the basis of the relevant license to conduct currency transactions.
KYT Group announced on Monday that it had opened its first branch in Bila Tserkva at the end of April, bringing its network to 96 currency exchange points in 30 cities across Ukraine.
“We, the KYT Group, have grown over 16 years of active work from a local currency exchange provider to a national multi-service FinTech company with a tech platform based on cutting-edge digital services,” the website says. According to the info there, the company has 800 employees.
According to its website, the owner and director of FC Liberty Finance is Anton Tkachenko, a resident of Kharkiv. KYT Group also includes the pawnshop KYT Group Plus LLC KYT Group and Company, owned by Lyudmila Tkachenko and directed by Ivan Tkachenko.
According to YouControl, Liberty Finance’s authorized capital is 25 million hryvnia, and its equity at the beginning of this year was 188.65 million hryvnia. The company ended last year with a net profit of 45.46 million hryvnia, compared to 153.92 million hryvnia a year earlier. The item “other income” in cash flows from operating activities in 2024 increased to UAH 29 billion from UAH 21.6 billion in 2023.
