The key documents for the Mintos bond are:
- Base prospectus: The base prospectus for the bond offering is a comprehensive legal document approved by the regulator (Latvijas Banka, the central bank of Latvia). It contains crucial information about the bond, including terms and conditions, interest rate, maturity, ranking (subordination), risk factors, information about Mintos’ financial situation, and more. This is the most important document to read before investing.
- Final Terms: Each bond tranche issued under the base prospectus comes with its own Final Terms. These specify the parameters for that specific issue – such as issue date, interest rate, maturity date, size of the tranche, ISIN, and whether any terms differ from the base prospectus or are not specified there. Together with the base prospectus, the Final Terms form the legally binding documentation for the investment. Investors should always review the Final Terms before making an investment.
- Key Information Document (KID): A Key Information Document is often required for packaged investment products sold to retail investors, including the Mintos bond. A KID is a short document that summarizes the product, its risks, costs, and potential returns in various scenarios in plain language. It’s designed to be a quick, standardized disclosure for retail investors.