Intrum Justitia strengthens bank credit facility
Intrum Justitia has renegotiated its revolving credit facility with Nordea and Swedbank, in order to improve the group’s financial flexibility. The current facility of SEK 7.5 billion has been increased by EUR 150 million. The additional EUR 150 million will fall due on the earlier of a) completion of the planned combination with Lindorff, or b) 18 months from February 2017.
For further information, please contact:
Erik Forsberg, CFO
Tel: + 46 8 546 102 02
Intrum Justitia is Europe’s leading Credit Management Services (CMS) group, offering comprehensive services, including purchase of receivables, designed to measurably improve clients’ cash flows and long-term profitability. Founded in 1923, Intrum Justitia has some 4,000 employees and operations in 20 markets. Consolidated revenues amounted to about SEK 6.1 billion in 2016. Intrum Justitia AB is listed on Nasdaq Stockholm since 2002. For further information, please visit www.intrum.com