Merger between Hoist Finance and Hoist Kredit completed

Today, January 2, 2018, the merger between Hoist Finance AB (publ) (Hoist Finance or the Company) and its subsidiary Hoist Kredit AB (publ) (Hoist Kredit or the Subsidiary) has been completed. Through the merger, all assets and liabilities of the Subsidiary have been transferred to Hoist Finance, at the same time Hoist Kredit has been dissolved. Consequently, the Company has simplified its corporate structure as previously announced and Hoist Finance moves from a holding company to the operating parent company of the Hoist Finance Group. The merger does not entail any material financial effects on the Company.

Hoist Finance is, like Hoist Kredit, a credit market company, under the supervision of the Swedish Financial Supervisory Authority. 

Michel Fischier

Group Head of Investor Relations

Tel: 46 8 555 177 19

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.

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