Kruk debt collection will issue up to PLN 150 mln in bonds

September 26, 2013
Listed debt collector Kruk will issue up to PLN 150 mln in bonds, including possible tranches for market listing, the firm said Wednesday of a board resolution.

An issue prosectus was sent to market regulators Wednesday, Kruk said in its market filing.

Funds could be broadly allocated. Management said funds gathered in the issue could be put to operations or investments of group units or for refinancing existing debt or for M&A.

Issuance will come over the 12M following regualtor approval fo the prospectus, Kruk said.
Company — KRUK
  • Full name
    KRUK S.A.
  • Registration country
    Poland
  • Industry
    Financial institutions