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

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DGAP-News: IuteCredit Finance S.à.rl / Keyword (s): Obligation IuteCredit announces the settlement and listing of 75 million euros of corporate bonds 11% 2021/2026 06-10-2021 / 15:30 The sender is solely responsible for the content of this advertisement.

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IuteCredit Announces Settlement and Listing of EUR 75 Million 11% Corporate Bonds 2021/2026 Tallinn, Estonia, October 6, 2021. IuteCredit Group (“Iute”) Announces Settlement of Its Corporate Bond senior secured at 11% of 75 million euros 2021/2026 (ISIN: XS2378483494) issued through its wholly-owned subsidiary IuteCredit Finance Sarl to professional and private 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) E-mail: [email protected] Phone: +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

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2021-10-06 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this advertisement. DGAP’s distribution services include regulatory announcements, financial / corporate news, and press releases. Archives on www.dgap.de

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Language:     English 
Company:      IuteCredit Finance S.à.r.l. 
              14, rue Edward Steichen 
              2540 Luxembourg 
              Luxemburg 
ISIN:         XS2033386603 
WKN:          A2R5LG 
Listed:       Regulated Unofficial Market in Frankfurt 
EQS News ID:  1238622 
 
End of News   DGAP News Service 
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1238622 2021-10-06

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1238622&application_name=news

(END) Dow Jones Newswires

October 06, 2021 9:30 am ET (1:30 pm GMT)


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