Intrum Justitia establishes structure for extended financing
Intrum Justitia is today publishing a prospectus (in Swedish) for Medium Term Notes (MTN), a program for the issue of bonds for a potential maximum total value of SEK 3 billion in the Swedish market. The arranger of the program is Swedbank, and is also issuing instituition together with Nordea and SEB.
Intrum Justitia currently has a syndicated credit facility of SEK 4 billion. The facility allows an option for a further financing of SEK 2 billion. To be able to take advantage of opportunities to expand, primarily in the area of Purchased Debt, Intrum Justitia is working to develop more efficient forms of loan financing and the opportunity to issue bonds forms part of this development.
The prospectus can be downloaded from Intrum Justitia’s website, www.intrum.com and from the website of the Swedish Financial Supervisory Authority, www.finansinspektionen.se.
For further information, please contact:
Erik Forsberg, CFO
Tel: 46 8 546 102 00
Annika Billberg, IR & Communications Director
Tel: 46 8 546 102 03
Mobile: 46 702 67 97 91
E-mail: a.billberg@intrum.com
Intrum Justitia is Europe’s leading Credit Management Services (CMS) group and offers services designed to measurably improve clients’ cash flows and long-term profitability. Intrum Justitia was founded in 1923, has around 3,100 employees in 22 countries and revenues of approximately SEK 3.8 billion in 2010. Intrum Justitia AB is listed on NASDAQ OMX Stockholm since 2002. For further information, please visit www.intrum.com