Brief: Intrum Launches Prepackaged Chapter 11 Solicitation

Intrum AB

18/10/2024 06:52

Oct 18 (Reuters) - Intrum AB  INTRUM.ST :
    * INTRUM LAUNCHES PREPACKAGED CHAPTER 11 SOLICITATION,
CONTINUING
SIGNIFICANT PROGRESS TOWARDS IMPLEMENTATION OF ITS
RECAPITALISATION TRANSACTION
    * CHAPTER 11 PLAN APPROVAL EXPECTED BEFORE END OF 2024
    * EXPECTS TO COMMENCE THE CHAPTER 11 IN MID-NOVEMBER
FOLLOWING THE SOLICITATION OF VOTES
    * IN ADDITION TO THE CHAPTER 11, INTRUM IS INTENDING TO
COMPLETE A
SWEDISH COMPANY REORGANISATION BY Q1 2025

Source text for Eikon:  ID:nMFN4psmjg 
Further company coverage:  INTRUM.ST 

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