Tisdag 12 November | 20:43:26 Europe / Stockholm
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KRUK S.A.

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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.
Seller’s decision to conclude debt assignment agreement
2023-10-20 13:32:00

The Management Board of KRUK S.A. (the “Issuer”) announces that on October 20th 2023 it was notified of a positive decision by one of the primary financial institutions in Italy (the “Seller”), concerning the conclusion of a debt assignment agreement with the Issuer’s subsidiary KRUK Investimenti s.r.l. regarding the purchase of forward flow unsecured debt portfolio with nominal value of up to EUR 175 m (PLN 781,8 m at the mid-rate quoted by the National Bank of Poland for October 20th 2023).
The portfolio will be purchased in four quarterly tranches starting from January 2024.
The Issuer will immediately notify about the conclusion of the agreement in a separate report.

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 2023-10-20 13:32 CEST.

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Seller’s decision to conclude debt assignment agreement

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