IuteCredit announces the settlement and listing of € 75 million of 11% corporate bonds 2021/2026

Tallinn, Estonia, October 6, 2021. IuteCredit Group (“Iute”) announces settlement of its 11% Senior Covered Corporate Bond 2021/2026 (ISIN: XS2378483494) issued through its wholly-owned subsidiary IuteCredit Finance Sarl for professionals and individuals. investors.

Listing of the new bonds on the Regulated Market of the Frankfurt Stock Exchange is scheduled for today, October 6, 2021, and on the Regulated Market of the Nasdaq Tallinn Stock Exchange within eight days. The prospectus approved by the CSSF (Luxembourg Supervisory Authority) including the supplements to the increase in the overall principal amount of 25 million euros and setting the interest rate of the new bonds of 75 million euros at 11% is available on the Group’s website at iutecredit.com/prospectus.

Aalto Capital (Germany) acts as the Group’s capital markets partner.

Contact:

IuteCredit Europe AS
Kristel Kurvits, Group Chief Financial Officer (CFO)
Email: [email protected]
Telephone: +372 622 9177

About IuteCredit:

Iute – established in 2008 – is one of the leading European personal finance companies. The Group specializes in installment credit and payment services via its subsidiaries which are 100% equity and borrowed capital. IuteCredit currently serves clients in Moldova, Albania, North Macedonia and Bulgaria as well as in Bosnia and Herzegovina.

IuteCredit’s credit products are unsecured consumer loans with maturities ranging from 1 month to 36 months and secured automobile loans with maturities of up to 60 months.

Iute’s mission is to create an extraordinary personal finance experience by exceeding client expectations.

www.iutecredit.com