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 context of the prevailing market conditions. As a consequence, we have, over the last years, created a well termed out maturity profile with a competitive average pricing”, says Michael Ladurner, Chief Financial Officer of Intrum.

Net proceeds will be applied towards general corporate purposes, including refinancing of existing debt.

For further information, please contact:
Emil Folkesson, Head of CFO Office & Investor Relations
ir@intrum.com

This information was submitted for publication, through the agency of the contact person set out above, at 17.20 CET on 21 June 2023.

Intrum is the industry-leading provider of Credit Management Services with a presence in 24 markets in Europe. By helping companies to get paid and support people with their late payments, Intrum leads the way to a sound economy and plays a critical role in society at large. Intrum has circa 10,000 dedicated professionals who serve around 80,000 companies across Europe. In 2022, revenues amounted to SEK 19.5 billion. Intrum is headquartered in Stockholm, Sweden and publicly listed on the Nasdaq Stockholm exchange. For further information, please visit www.intrum.com