The Transaction successfully recapitalises the Group by rescheduling the maturities of its debt obligations, securing a 10 percent discount on its reinstated notes debt obligations, and providing new financing to support its business plan goals and de-lever via debt buybacks. With a stronger financial foundation, the Group is now even better positioned for future success and a continued shift towards a capital-light business model.

As previously reported, the Transaction received the overwhelming support of all creditor classes and key stakeholders in all relevant recapitalisation proceedings.

Andrés Rubio, CEO and President of Intrum, said:

“The closing of our recapitalisation is a testament to our team and a significant milestone for the future of our company. I would like to thank our Board, the Intrum leadership team, and all our employees for their perseverance and dedication to this process. We also thank our investors and bondholders for their continued confidence in the company.

“We have emerged as a stronger business with a capital structure that is aligned with our business plan. This will reinforce our position as an industry leader focused on improved client delivery and outcomes through increasing commercial efforts in servicing, continuing to make our operations more efficient and capitalising on the rollout of AI. We are looking ahead to future success as we continue to drive transformational change across all three strategic pillars: operational excellence, client focus, and our transition to a capital-light business model.”

Contact Details:

Kroll Issuer Services (as Information Agent): intrum@is.kroll.com

Houlihan Lokey (as advisers to Intrum): intrum@hl.com

Media Inquiries:

Brunswick Group (as advisers to Intrum)

Oscar Karlsson, Partner

Magnus Rydin Lemoine, Director
+46 (8) 410 32 180

intrum@brunswickgroup.com

DISCLAIMERS

This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.

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