Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

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.
New agreement to reduce Intrum's debt pressure

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.
Intrum Pays Off Part of the Debt Mountain

Categories

Information

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