Iute Group, through its subsidiary IuteCredit Finance S.a r.l., announced on June 15, 2026, that the June 2026 coupon payment on its 12% Senior Secured EUR 2025/2030 Bonds (ISIN: XS3047514446) has been delayed in crediting to some bondholders. The company stated that all obligations for the coupon payment have been met and the required funds, approximately EUR 18 million, were transferred in accordance with the established payment process.
According to the release, the funds were processed through the settlement infrastructure involving paying agent BPER Luxembourg SA and Banque Internationale a Luxembourg (BIL), which acts as the Luxembourg central securities depository. Based on available information, the delay appears to stem from the subsequent settlement process within international securities clearing systems. Iute is working with relevant parties to resolve the issue and complete the payment.
This payment structure has been in place since 2019 and has supported timely processing of all previous coupon and principal payments without comparable disruptions, the company noted. Iute Group will provide further updates as additional information becomes available.
The delay impacts holders of the bonds listed on the Regulated Market of the Frankfurt Stock Exchange and the Nasdaq Baltic Main List. The company's digital banking operations, which serve customers in Albania, Bulgaria, Moldova, North Macedonia, and Ukraine through the Myiute app, continue unaffected. Iute Group finances its operations through equity, deposits, and secured bonds. For more information, visit the company's website at www.iute.com.
The original press release is available on NewMediaWire.
