Tisdag 12 November | 20:42:46 Europe / Stockholm
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KRUK S.A.

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Prenumeration

Beskrivning

LandPolen
SektorFinans
IndustriÖvriga finansiella tjänster
KRUK S.A. is a leader of the debt management market. Over nearly two decades, we have grown from a small firm employing less than 20 staff into a global financial group, specialising broadly in debt management. Currently, the KRUK Group comprises a number of companies offering a comprehensive range of modern integrated services, which we are ready to tailor to the needs and expectations of our partners in order to recover payments owed to them.
Execution of debt assignment agreement on Italian market
2024-02-01 15:43:00

The Management Board of KRUK S.A. (the “Company”) announces that today agreement (the “Agreement”) was concluded between the Company’s subsidiary – Kruk Investimenti s.r.l. of Milan, Italy (the “Buyer”), and one of the primary financial institutions in Italy (the “Seller”).

The Agreement provides for the purchase of a forward flow unsecured retail debt portfolio with a nominal value up to EUR 212m (PLN 916.8m translated at the average exchange rate quoted by the National Bank of Poland for February 1st 2024). The portfolio will be purchased in quarterly tranches starting from March 2024.
The Agreement do not differ from standard market terms applied in agreements of such type.

This information is information that KRUK S.A. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-02-01 15:43 CET.

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Execution of debt assignment agreement on Italian market

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