The bond issuer, DelfinGroup, has decided to redeem the bond (ISIN: LV0000860146) on 25 August 2026, ahead of its original maturity date. If you hold this bond, here's what will happen.
Key dates and figures
- Bond ISIN: LV0000860146
- Redemption date: 25 August 2026
- Redemption price: 100.00% of face value (par – no premium)
- Accrued coupon: Paid up to the redemption date
- Funds credited to your Mintos account: Within 2–3 business days of the redemption date
What this means for you
Your bond will be redeemed at its full face value, plus the coupon that has accrued up to 25 August 2026. There is no early redemption premium on this bond, so you'll receive exactly 100.00 per unit of face value.
Do I need to do anything?
No. This is an automatic process – you don't need to submit any instructions or take any action. Once the redemption is processed, the principal and final accrued coupon will be credited to your Mintos account automatically.
Looking to keep your exposure to DelfinGroup?
A new DelfinGroup bond is currently available on the Mintos platform. If you're interested, check the current listing on Mintos. As always, read the prospectus carefully before investing.
Where can I find the official announcement?
You can read the official redemption notice published by the issuer here: Nasdaq Baltic company announcement.
Related questions
Will I lose any money on this redemption? No. You'll receive 100% of the bond's face value plus accrued interest – this is not a discounted or below-par redemption.
Why is the issuer redeeming the bond early? Issuers may choose to redeem bonds ahead of maturity for various reasons, such as refinancing under different terms. For DelfinGroup's specific reasoning, see the official announcement linked above.