Intrum Justitia successfully issues EUR 3 billion (equivalent) in the bond market
Intrum Justitia today successfully issued EUR 3 billion (equivalent) of senior unsecured bonds. The proceeds will be used to repay substantially all of the outstanding debt of Lindorff and to repay the existing revolving credit facility of Intrum Justitia at completion of the merger of the two companies, as well as to pay related fees and expenses.The transaction was very well received by investors and substantially oversubscribed. The average yield was approximately 2.85% for an average maturity of about 5.6 years. “The completion of this bond issue and the favorable terms is evidence