Brief: Collection House To Sell NZ Purchased Debt Ledgers For NZ$13 Mln

Credit

23/02/2022 24:07

Feb 23 (Reuters) - Collection House Ltd  CLH.AX :
    * ENTERED BINDING AGREEMENT TO SELL NEW ZEALAND PURCHASED
DEBT
LEDGERS FOR NZ$13.0 MILLION
    * CREDITCORP HAS SIMULTANEOUSLY AGREED TO ACQUIRE
SUBSTANTIALLY
ALL OF CLH'S OUTSTANDING SENIOR DEBT OF A$52 MILLION
    * CREDITCORP HAS AGREED TO PROVIDE CO WITH A SHORT TERM
WORKING
CAPITAL FACILITY

Source text for Eikon:  ID:nASX5m5L25 
Further company coverage:  CLH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))