Why invest in Iute bonds?
Nominal value 100 euros
11% interest
Fast-growing Estonian fintech
A proven and stable business model
Experienced management
Timeline
- 6 March
Start of the offer period - 31 March
End of the offer period - 31 March
Announcement of the results - 6 April
Settlement of the offering - 6 April
Commencement of trading - 6 October
Maturity date
What is Iute?
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.
Our mission is to create an extraordinary experience in personal finance by exceeding customer expectations.
Bond information
IuteCredit Finance 2023/2026
Regulated market | Baltic regulated market of the Nasdaq Tallinn Stock Exchange |
ISIN | XS2378483494 |
Nominal value | 100,00 EUR |
Offer price | Between 96.5%-97.5%* |
Volume | Up to 50,000,000 EUR |
Subscription period | 6 March 2023 at 10:00 EET – 31 March 2023 at 14:00 EET |
Coupon rate | 11% per annum |
Interest payment | semi-annually in arrears on 6 April and 6 October each year, commencing on 6 October 2023 |
Prospectus | Listing Prospectus dated 01 March 2023 |
Prospectus summaries | Prospectus Summary (in Latvian) Prospectus Summary (in Lithuanian) Prospectus Summary (in German) |
* Will be communicated to investors on 31 March 2023 in the Pricing Notice.
FAQ
Contact
This website contains general information regarding IuteCredit Finance S.à r.l. the will and plans to present possible investment opportunities, which depend on the approval of the prospectus by the relevant financial supervisory authority. Investors should read the prospectus before making investment decisions to understand the circumstances and risks associated with the investment. If necessary, consult an expert. The information provided on this site should not be construed in any way as investment advice or investment proposal. IuteCredit Finance S.à r.l. is a Luxembourg company 100% owned by the Estonian company AS IuteCredit Europe. This page may contain information that may be considered an advertisement for securities.
This website contains general information regarding IuteCredit Finance S.à r.l. the will and plans to present possible investment opportunities, which depend on the approval of the prospectus by the relevant financial supervisory authority. Investors should read the prospectus before making investment decisions to understand the circumstances and risks associated with the investment. If necessary, consult an expert. The information provided on this site should not be construed in any way as investment advice or investment proposal. IuteCredit Finance S.à r.l. is a Luxembourg company 100% owned by the Estonian company AS IuteCredit Europe. This page may contain information that may be considered an advertisement for securities.