Intrum Justitia has entered into agreements to acquire debt portfolios in its
Northern Europe region, for a total investment of about 670 MSEK, from two
different sellers.
The sellers are large financial institutions and the claims acquired represent
well-diversified portfolios of mainly unsecured consumer receivables in Sweden
and Denmark. Approximately 600 MSEK of the total investment represent one-off
portfolios which are acquired in December 2015 and about 70 MSEK represent
forward-flow investments for portfolio acquisitions to be made during 2016.
The investments will be financed by Intrum Justitia’s available cash and credit
facilities.
For additional information, please contact:
Erik Forsberg, acting CEO
Tel: +46 (0)8 546 102 02
Intrum Justitia is Europe’s leading Credit Management Services (CMS) group,
offering comprehensive services, including purchase of receivables, designed to
measurably improve clients’ cash flows and long-term profitability. Founded in
1923, Intrum Justitia has some 3,800 employees in 20 markets. Consolidated
revenues amounted to about SEK 5.2 billion in 2014. Intrum Justitia AB is listed
on Nasdaq Stockholm since 2002. For further information, please visit
www.intrum.com
