First Discounted Debt Repayment of 2026
We’re starting 2026 with strong momentum and another successful repayment, reinforcing Indemo’s growing track record of consistent, real estate-backed recoveries.
This marks the 16th Debt Repayment in Indemo’s debt portfolio, further validating the reliability of our Discounted Debt model and the performance it continues to deliver to our investor community.
This time, €233,000.00 in principal and interest will be repaid to our investors from the A98 debt. This repayment affects the portfolios of 631 investors, representing 12.1% of all active Notes on the platform.
The annual average weighted ROI for this repayment is 15.3% per annum, with returns reaching up to 21.84% per annum depending on when investors entered the opportunity.
This repayment is a landmark one for another reason as well: the A98 debt slightly exceeded the targeted recovery timeline of 24 months under the moderate recovery scenario, yet it still delivered the target return of 15% p.a.+ for the largest part of our investor community.
This underpins and confirms two key points. First, Indemo’s pricing and valuation principles include a sufficient buffer to absorb additional recovery time (which naturally dilutes yield). Second, because our pricing logic reflects institutional market mechanics, it supports liquidity and tradability — including the ability to be traded on the broader institutional secondary market at a target yield, as demonstrated by the A98 repayment case.
When our servicing partner acquires debts and lists them on Indemo, each Note follows a strict performance model that reflects a target ~15% return potential, based on recovery timing expectations and scenarios defined for each stage of the Recovery Flow.
In practice, each recovery stage has defined pricing boundaries (PTV/PTD limits) designed to keep the target return of 15% p.a. achievable even under conservative (“worse timing”) scenarios — including a very slow full recovery cycle of up to 5 years, assuming no alternative exit scenarios (such as out-of-court settlement or a secondary-market sale) are available.
Spotlight on the Repaid Debt: A98 – Apartment in Extramurs, Valencia, Spain 🔦
At Indemo, every Discounted Debt investment is secured by real residential property in Spain, a tangible asset that supports confidence throughout the recovery process.
A98 was backed by an apartment located in Extramurs, Valencia, a well-established residential district with strong local demand and solid long-term fundamentals.
This debt was first listed at the Claim Preparation stage in our recovery flow. After a carefully managed process, it reached repayment on 12 February 2026, demonstrating the consistency of Indemo’s model across different timelines and recovery routes.
Recovery (exit) scenario 💼
This repayment was facilitated through a sale on the institutional debt secondary market — one of the key exit strategies in Indemo’s recovery model.
The ability to sell the debt at an attractive yield was driven by the progress achieved by our legal recovery team beyond the standard Recovery Flow. In short: at the end of 2024, the debtor filed a tactical opposition to slow down the foreclosure process at the auction preparation stage. In autumn 2025, the legal team successfully rejected that opposition, putting the case back on track for auction preparation.
However, continuing through the auction stage — and potentially into real estate takeover — would have required additional time, diluting investor yield and pushing the case beyond the 24-month target. For that reason, the servicing company made the decision to seek an institutional buyer and sell the debt at a premium. This was successfully executed in February 2025.
This is another example of the flexibility built into our servicing and recovery approach: the most effective scenario can be chosen for a specific case, rather than waiting for every stage of the full recovery flow to be completed.
Key Figures 📊
Repayment Details
- Repayment Date: 12 February 2026
- Repayment Amount: €233,000.00 (Principal + Interest)
- Annual Average Weighted ROI: 15.3% p.a.
- Return Upside: up to 21.84% p.a.
Investor Impact
- Investors Affected: 631
- Percentage of all active Notes affected: 12.1%
Flow & Exit
- Flow Stage at Listing: Claim Preparation
- Flow Stage at Repayment: Auction Preparation
- Exit Scenario: Sale in the institutional debts secondary market
With the 16th repayment now completed, Indemo continues to demonstrate the resilience and consistency of its recovery pipeline. Each successful repayment not only reinforces investor confidence but also showcases the reliability of our real-estate-secured investment model. Below is a recap of all 16 repayments.
A Note on Returns 💡
As with all Indemo Discounted Debt investments, actual returns depend on when you entered the investment, determined by the issue date of your Note.
To check your individual ROI from this repayment, head over to the Portfolio section of your Indemo account. For broader insights, check out the Analytics dashboard.
More opportunities are already live on the platform, so your money can keep working for you.
Stay informed on Indemo News by following our socials:
📢 Telegram - Exclusive Indemo Community Chat featuring key Indemo stakeholders
📷 Instagram - Weekly content, Meet the Team, Weekly Stories
🎥 YouTube - Podcasts, expert insights, quarterly reviews, and giveaways
This content is a marketing communication. It shall not be treated as investment advice, independent research or offer, recommendation or invitation to invest in the investment opportunities referred to herein. The content is not aimed at promoting services or products to persons based in jurisdictions where the distribution of said information would be illegal.
Investing in financial instruments involves risk, and there’s no guarantee that investors will get back invested capital. Moreover, past performance does not guarantee future returns. Indemo SIA shall not be responsible for any direct or indirect loss from using the provided information.