Intrum Justitia secures SEK 1 billion in extended loan financing

Report this content

Intrum Justitia has issued bonds for SEK 1 billion within the framework of its MTN program. The bonds are unsecured and extend over a period of five years, maturing in March 2017. Of the total amount SEK 575 M has been issued at a fixed coupon of 5.125 percent and SEK 425 M at a variable rate of STIBOR 3 month + 3.10 percent.

“With this bond issue, we have successfully achieved our goals of broadening our borrowing base and of increasing our financial flexibility, primarily for investments in purchased debt,” says Erik Forsberg, CFO at Intrum Justitia.

The bond will be listed at the NASDAQ OMX Stockholm Exchange. Swedbank and Nordea have been the issuing institutions.

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

Subscribe

Documents & Links