1. What is the voluntary bond exchange?
IuteCredit Finance S.à r.l. is again offering Mintos clients who hold the 11.00% 2026 Bond (ISIN: XS2378483494) the opportunity to exchange their holdings for the 12.00% 2030 Bond (ISIN: XS3047514446). Instead of your capital being returned at maturity, it is reinvested directly into the 2030 bond, so it keeps working without any pause.
2. Do I have to participate?
The exchange is fully voluntary. If you do nothing by the deadline, your 2026 Bond holdings remain unchanged.
3. What are the exchange terms?
The exchange is 1:1. For every €1 of your current bond, you receive €1 of the new bond. It is completed as a direct bond-for-bond exchange with accrued coupon. Up to the exchange date, your current bond will have earned more accrued interest than the new bond, so you'll receive positive accrued interest. Full details will be available in your exchange confirmation after settlement.
4. Can I exchange only part of my holdings?
No. Only a full exchange of your 2026 Bond holdings is available.
5. How does the 2030 Bond differ from the 2026 Bond?
The 2030 Bond pays a higher coupon (12.00% vs 11.00%) but matures approximately 4 years later (6 December 2030 vs 6 October 2026). Coupons on the 2030 Bond are paid semiannually.
6. What are the main risks?
As with all high-yield bonds, default risk, market risk, and liquidity risk apply. Rolling over also extends your exposure to IuteCredit Finance. Early exit would require selling on the Secondary Market and is subject to availability. Any deposit guarantee scheme does not cover your investment. Please read the full Listing Prospectus before deciding.
7. Are there any fees?
No costs are charged to you for exchanging.
8. How do I participate?
Log in to your Mintos account, open the IuteCredit Finance bond notification, and select "Continue." Review your options and submit your decision by 6 September 2026.
9. When does the exchange settle?
If you opt in, your investment exchanges automatically on 9 September 2026. If you don't opt in, your holding will not be affected.
Key dates
- Decision opens: 24 August 2026
- Decision closes: 6 September 2026
- Bond exchange carried out automatically: 9 September 2026
10. Where can I find more information?
The full Listing Prospectus is available via the link in the exchange notice on the Mintos platform. For questions, contact Mintos Support.