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Iute issues EUR 140 million new senior secured EUR 2025/2030 bonds
Strong demand from existing investors and new subscriptions Tallinn, Estonia, 30 May 2025. IuteCredit Finance S.à r.l., a subsidiary of Iute Group AS, a leading European financial group, today successfully issued new Senior Secured EUR 2025/2030 Bonds with an interest rate of 12% for a total volume of EUR 140 million. The partial refinancing of around EUR 78 million of the EUR 2021/2026 Bonds has thus been completed ahead of schedule. With lively demand from existing investors for the exchange of their EUR 2021/2026 Bonds amounting to around EUR 52.5 million, new subscriptions totaled around EUR 87.5 million. Institutional investors from Europe thereby signaled broad...
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