Brief: Kruk Unit Signs Claim Assignment Deal For Approx. EUR 120 Mln

Kruk SA

20/12/2023 16:04

Dec 20 (Reuters) - Kruk SA  KRU.WA :
    * UNIT INVESTCAPITAL SIGNS CLAIM ASSIGNMENT DEAL WITH BNP
PARIBAS
PERSONAL FINANCE OF PARIS
    * UNDER AGREEMENT, INVESTCAPITAL COMMITS TO PURCHASE FROM
BANK 
PORTFOLIO OF FRESHLY OVERDUE RECEIVABLES WITH TOTAL FACE VALUE
OF APPROX. EUR 120 MILLION
    * RECEIVABLES WILL BE ACQUIRED BY UNIT ON  REGULAR BASIS IN
FORM
OF SEVERAL BATCHES OF FUTURE FLOWS OF RECEIVABLES SOLD MONTHLY
BY BANK OVER  TWO YEAR PERIOD

Source text for Eikon:  ID:nMFN2N7sVD 
Further company coverage:  KRU.WA 

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