Intrum has issued SEK 1.5 billion notes
Intrum AB (publ) has issued a 2 year SEK 1.1 billion senior unsecured floating rate note with a coupon of STIBOR 3m + 800 basis points and a 2 year SEK 0.4 billion senior unsecured fixed rate note with a coupon of 11.875 per cent. The bonds were issued under the existing domestic MTN programme and will be listed on Nasdaq Stockholm.“This refinancing builds on our funding franchise as well as our prudent approach towards managing our liabilities. We continuously explore opportunities to extend maturities, working with our investors to over time achieve the best possible pricing in the