Iute Group Expands EUR 2025/2030 Bonds to EUR 160 Million

IuteCredit Finance S.à r.l., a subsidiary of Iute Group AS, has successfully increased the circulating volume of its EUR 2025/2030 bonds by EUR 20 million. This private placement was made to institutional investors at 100% of par, boosting the total circulating volume to EUR 160 million. The bonds are listed on the Frankfurt Stock Exchange's Regulated Market and the Nasdaq Tallinn Stock Exchange.

The original bond issuance in June 2025 aimed for a target volume of EUR 175 million, from which EUR 140 million was initially circulated. The recent increase demonstrates strong market confidence in Iute Group's growth strategy, particularly amidst a volatile financial climate.

CEO Tarmo Sild highlighted the market’s trust in Iute Group, stating that the additional bonds underscore the group's standing in the capital market. This accomplishment signals robust interest despite a slowdown in market activity.