Estonian fintech company AS Inbank is raising capital through a private placement of Additional Tier 1 bonds between May 25 and June 5, 2026. The company is offering 400 AT1 bonds at a nominal value of €10,000 each, carrying an annual interest rate of 8.25%, paid quarterly. The perpetual, unsecured bonds are exclusively available to financial institutions and proficient investors. Inbank reserves the right to redeem the bonds partially or fully after five years, subject to Financial Supervision Authority approval.
In-Depth:
AS Inbank is issuing Additional Tier 1 bonds (AT1 bonds) through a private placement in May-June 2026.
Due to the complexity of AT1 bonds, they will not be offered publicly and the offer will be aimed only at financial institutions and proficient investors with a larger investment portfolio. The purpose of raising capital is to strengthen the position of Inbank’s own funds and cover the capital requirements applicable to Inbank.
The subscription of AT1 bonds will take place from 25 May to 5 June 2026. Inbank will offer 400 AT1 bonds with a nominal value of €10,000. Inbank has the right to increase or decrease the volume of the issue.
The interest rate is 8.25% per annum, which is paid quarterly. AT1 bonds are perpetual and unsecured debt obligations to investors. Upon obtaining permission from the Financial Supervision Authority, Inbank has the right to redeem AT1 bonds in part or in full after 5 years have passed from their issue. Inbank will announce the results of the offer with a separate notice.
This notice is not an offer of the AT1 bonds. This does not constitute a prospectus of the AT1 bonds and a prospectus will not be published. An offer to subscribe to the AT1 bonds will only be built to the persons who are personally notified of that.
Inbank is a financial technology company with an EU banking license that connects merchants, consumers and financial institutions on its next generation embedded finance platform. Partnering with more than 6,200 merchants, Inbank has 847,000+ active contracts and collects deposits across 7 markets in Europe. Inbank bonds are listed on the Nasdaq Tallinn Stock Exmodify.
Additional information:
Styv Solovjov
AS Inbank
Head of Investor Relations
+372 5645 9738
styv.solovjov@inbank.ee
