Intrum reaches deal with lenders in step towards recapitalisation (updated)

Intrum AB

15/08/2024 15:46

(Adds detail in paragraphs 2-3)
       STOCKHOLM, Aug 15 (Reuters) - Swedish debt collector
Intrum  INTRUM.ST  has reached an agreement in principle with a
majority of its revolving credit facility (RCF) lenders in a
step towards a recapitalisation of the company, it said in a
statement on Thursday.
    Europe's biggest debt collector said the deal involved
lenders holding 76% of RCF debt.
        "This agreement supports an amendment and extension of
the RCF in the context of the recapitalisation transaction
previously announced by Intrum on July 11," it said in a
statement.
  

 (Reporting by Anna Ringstrom, editing by Terje Solsvik)
 ((anna.ringstrom@thomsonreuters.com;))