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INTRUM — Intrum AB News Story

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Brief: Intrum Secures 10% Discount On Reinstated Notes Debt Obligation

July 25 (Reuters) - Intrum AB INTRUM.ST:

SAID ON THURSDAY COMPLETED RECAPITALISATION TRANSACTION

TRANSACTION RECAPITALISES GROUP BY RESCHEDULING MATURITIES OF DEBT OBLIGATIONS, SECURING 10% DISCOUNT ON REINSTATED NOTES DEBT OBLIGATIONS

TRANSACTION PROVIDING NEW FINANCING TO SUPPORT BUSINESS PLAN GOALS AND DE-LEVER VIA DEBT BUYBACKS

SAID TRANSACTION RECEIVED OVERWHELMING SUPPORT OF ALL CREDITOR CLASSES AND KEY STAKEHOLDERS IN ALL RELEVANT RECAPITALISATION PROCEEDINGS

 Source text for Workspace: nMFN1mfPRn
 Further company coverage: INTRUM.ST

 (Gdansk Newsroom)

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