Notes are financial instruments backed by loans. They allow investors to invest in loans in a regulated environment. To create a Set of Notes, several loans with similar properties are pooled together. Each Set of Notes has a unique International Securities Identification Number (ISIN) and consists of Notes of €0.01 nominal value each. By investing in a Set of Notes, you gain diversification across all underlying loans in the pool.
Notes are emitted by a special purpose entity within the Mintos group that acts as the issuer. Purchasing Notes entitles you to receive repayments and interest payments for the Notes whenever borrowers make payments on the underlying loans. Notes come in a minimum bundle of 5 000 Notes per Set you invest in. Each investment provides exposure to all underlying loans in the Set proportional to the loan amount.