Iute Group Prolongs Offer Period for Bond Exchange and Tender

Iute Group, a major European personal finance entity, has chosen to extend the offer period for its conditional exchange and cash tender proposal. This involves replacing EUR 2021/2026 Bonds with new EUR 2025/2030 Bonds or opting for a cash offer. Due to technical issues in the clearing system, the offer distribution to bondholders was delayed. Consequently, the period is now extended until 7 May 2025.

Investor presentations have been scheduled, with the Estonian session postponed to 24 April 2025. The English session remains on 29 April 2025. Iute Group partners with Oppenheimer & Co. Inc., AS LHV Pank, and Signet Bank AS for this endeavor. Aalto Capital serves as the group's financial advisor, providing strategic guidance throughout the process.