Intrum Justitia secures EUR 160 million in extended loan financing
Intrum Justitia and Svensk Exportkredit (SEK) have entered into a long term financing agreement whereby SEK will lend EUR 160 million through a private placement of bonds issued by Intrum Justitia. The bonds are senior, unsecured and extend over a period of seven years, maturing in June 2023. The bonds have been issued at a floating rate of EURIBOR 3 months plus a market based interest rate margin.
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 3,850 employees and operations in 19 markets. Consolidated revenues amounted to about SEK 5.6 billion in 2015. Intrum Justitia AB is listed on Nasdaq Stockholm since 2002. For further information, please visit www.intrum.com