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 main changes are summarized below: ·The facility has been increased to SEK 7.5 billion, compared to previously SEK 5 billion. The utilization of the facility amounted to SEK 1.8 billion as of 30 September 2015. ·The maturity structure has been extended. For the new facility, SEK 2.5 billion will mature in the fourth quarter of each of 2018, 2019 and 2020. The previous facility matured by SEK 2 billion in each of 2017 and 2018 and