Intrum negotiates loans – hopes to reduce debt

» Updated: July 16 2024

» Published: June 20 2024

Intrum negotiates loans – hopes to reduce debt
Photo: Henrik Montgomery/TT

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Trading in the shares of the financially strained credit management company Intrum was halted for a brief period in conjunction with the opening of the Stockholm Stock Exchange.

Shortly afterwards, the company released a press statement containing updated information on the refinancing of long-term loans that are falling due.

"The negotiations have resulted in the company and certain bondholders reaching a principal agreement," writes Intrum.

Potentially, the agreement could "significantly" reduce indebtedness.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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