Moody’s changes Intrum’s credit rating
Moody’s Investors Service (“Moody’s”) has today announced its downgrading of Intrum AB’s credit rating (corporate family rating) from Ba3 to B1, with a stable outlook.De-leveraging and de-risking of the balance sheet is Intrum’s key priority as highlighted during the recent Capital Markets Day. Intrum’s discretionary cash generation remains strong with any upcoming debt maturities until the end of 2025 fully covered by organic cash flow generation as well proceeds from market exits and portfolio sales currently being executed. “We have a well-balanced and highly diversified business,