EQS-News
Iute announces settlement and listing of EUR 10 million tap on EUR 2021/2026 bonds Total volume of bonds outstanding EUR 125 million
EQS-News: IuteCredit Finance S.à r.l. / Key word(s): Bond Iute announces settlement and listing of EUR 10 million tap on EUR 2021/2026 bonds |
Total volume of bonds outstanding EUR 125 million
Tallinn, Estonia, 12 July 2023. Iute Group, a leading European personal finance group, through its fully owned subsidiary IuteCredit Finance S.à r.l., today announced the
settlement of the EUR 10 million tap on its EUR 2021/2026 bonds in connection with exchange offer for EUR 2019/2023 bonds. Listing on the Frankfurt Stock Exchange and the Nasdaq
Tallinn Stock Exchange is expected today. The tap issue brings the total volume of IuteCredit’s EUR 2021/2026 bonds to EUR 125 million.
Aalto Capital (Germany) acts as Financial Advisor to the Group.
Contact:
Kristel Kurvits, Group Chief Financial Officer (CFO)
Email: investor@iutecredit.com
Phone: +372 622 9177
About Iute Group:
Iute Group is a fintech company established in 2008 in Estonia. The Group specializes in consumer finance, payment services, banking, and insurance products. It serves customers in Albania, Bosnia and Herzegovina, Bulgaria, Moldova, and North Macedonia. Iute Group finances its loan portfolios with equity, deposits, and secured bonds on the Regulated Market of the Frankfurt Stock Exchange and the Nasdaq Baltic Main List.
www.iutecredit.com
IMPORTANT INFORMATION
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other countries or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the bonds in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform themselves of and observe all such restrictions.