Klarna returns public subscription plans, aims to raise $ 1.27 billion

Buy-Now, the start of the Swedish BNPL (BNPL), its shareholders revive its initial public offer, in the hope of collecting up to $ 1.27 billion in a list that would estimate the company with an amount of $ 14 billion.

The company said that the company and some of its shareholders sell approximately 34.3 million shares between 35 and 37 dollars each. to update To the registration statement on Tuesday. KLARNA will receive returns from about 5.6 million shares, while its shareholders are dropping nearly 29 million shares.

The company plans to include its shares on the New York Stock Exchange under the “KLAR” index.

It is long expected that Clarna is openly thanks to the tremendous success of the BNPL lending model in the wake of the postpartum boom: after six years Launch in the United StatesThe company has reached an evaluation More than 45 billion dollars In 2021, however, the company was postponed from public subscription plans as the market turned at the end of the Zirp era, its price A decrease of 85 % to 6.5 billion dollars When the 2021 investment capital evaluation bub exploded.

However, Clarna was growing well: its revenues increased by 54 % to 823 million dollars in the second quarter compared to the previous year, thanks to an increase of 14 % in the total value of the goods to $ 6.9 billion. The final result of the company remains red with a net loss at $ 53 million, although this is 42 % less than its 92 million dollar loss in the previous year.

Goldman Sachs, JP Morgan, Morgan Stanley runs the show, Bofa Securities, Citigroup, Deutsche Bank, Societe Generele, UBS and many other banks also work on the deal.