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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.
Claim assignment agreement executed on the Spanish market
2023-07-13 11:11:00

Claim assignment agreement with the bank Banco Bilbao Vizcaya Argentaria S.A. executed on the Spanish market.

The Management Board of KRUK S.A. (the Company) announces that today the Company’s subsidiary InvestCapital Ltd. of Malta (the Buyer) has signed agreement with the bank Banco Bilbao Vizcaya Argentaria S.A. of Spain (Agreement, the Bank). Under the Agreement, InvestCapital Ltd. purchased from the Bank an unsecured retail debt portfolio with outstanding balance of approx. EUR 427m (PLN 1,898.91m at the mid exchange rate quoted by the National Bank of Poland for July 12th 2023).
Terms and conditions of the Agreement do not differ from those commonly used in agreements of such type.

Contacts
Anna Kowalczyk
tel. no.: +48 71 790 2280
e-mail: ir@kruksa.pl

Tomasz Kałuziak
tel. no.: +48 71 345 6789
e-mail: ir@kruksa.pl

About Us
KRUK Group is a leading European player in debt management sector. The company was established in 1998 and now operates in Poland, Romania, Italy, Spain, Czechia and Slovakia, as well as holds assets in Germany. KRUK is present on Warsaw Stock Exchange in Poland and is also regular issuer of bonds on Warsaw Bond Market - Catalyst.

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 2023-07-13 11:11 CEST.

Attachments
Claim assignment agreement executed on the Spanish market

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