Home
Sweden
Living
World
Business
Sports
Entertainment
Info
Sweden
Sweden
Living in Sweden
Living
World
world_2_fill
World
Business
Business
Sports
sports-soccer
Sports
Entertainment
Entertain
Cerberus Capital
New agreement to reduce Intrum's debt pressure
The credit management company Intrum has entered into a binding agreement with a majority of its bondholders, the company announces in a press release. "After evaluating all alternatives for strengthening its financial profile and capacity for continued growth, the company believes that the lock-up agreement and the agreed terms for the recapitalization transaction are the right way to significantly improve and strengthen the company's capital structure", the company writes in the press release.
Intrum Pays Off Part of the Debt Mountain
The financially strained debt collection company Intrum – which has lost 57 percent of its stock market value this year – has completed the sale of a large part of its investment portfolio to subsidiaries of Cerberus Capital, writes Intrum in a press release. "The net proceeds of 7.
1
Facebook
X
Instagram
Categories
Sweden
Living
World
Business
Sports
Entertainment
Police reports
Information
Publishing principles
Cookiepolicy
Datapolicy
About us
Contact
About Sweden Herald
Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
© Sweden Herald