Brief: Hoist Finance Acquires Non-Performing Loans From Polish Company Getback

Capitea SA

01/02/2019 07:41

Feb 1 (Reuters) - Hoist Finance AB (publ)  HOFI.ST :
    * HOIST FINANCE ACQUIRES NON-PERFORMING LOANS FROM POLISH
COMPANY
GETBACK
    * ENTERED INTO AN AGREEMENT TO ACQUIRE ASSETS AT A VALUE UP
TO
APPROXIMATELY PLN 400M
    * TRANSACTION IS EXPECTED TO CLOSE IN MID-APRIL, SUBJECT TO
APPROVAL BY RELEVANT AUTHORITIES AND STAKEHOLDERS
    * MORE THAN 95% OF ASSETS ARE COMPRISED OF NON-PERFORMING
UNSECURED CONSUMER LOANS
    * A MINOR PART INCLUDES SECURED CONSUMER AND SME LOANS

Source text for Eikon:  ID:nWkr33KLt 
Further company coverage:  HOFI.ST 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))