Iute Group, a European personal finance group, announced on June 15, 2026, that it has fulfilled all obligations for the June 2026 coupon payment on its 12% Senior Secured EUR 2025/2030 Bonds (ISIN: XS3047514446). The required funds of approximately EUR 18 million were transferred per the established process, but the coupon payment has not yet been credited to all bondholders due to a delay in the settlement process.
According to the company, the payment was processed through the settlement infrastructure involving paying agent BPER Luxembourg SA and Banque Internationale a Luxembourg (BIL), the Luxembourg central securities depository. 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 will provide updates as more information becomes available.
The 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.
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