Locked content GetBack to hopes to raise PLN 1 bln through private placements

WSE-listed debt collector GetBack plans to raise PLN 1 billion from private placements to deleverage and maintain market position, the company’s CEO Konrad Kąkolewski said. “PLN 1 billion for the firm will allow us to continue our rather high profitability and strongly satisfy our balance sheet,” he...

Locked content GetBack with PLN 300 mln deal on financing

WSE-listed debt collector GetBack signed a term sheet with an unnamed foreign bank for up to PLN 300 million in 4-year variable rate financing and expects to sign the relevant credit agreements within 8 weeks, GetBack said in a market filing. “The term-sheet contains detailed requirements regarding ...

Locked content GetBack acquires €246 mln debt portfolio in Spain

WSE-listed debt collector GetBack acquired debt portfolio with a combined nominal value of €246 million from an unnamed Spanish bank, the company said in a market filing. “Pursuant to the provisions of the agreement, the ownership of the purchased portfolios was transferred after the entity settled ...

Locked content GetBack acquires €637 mln debt portfolio in Spain

WSE-listed debt collector GetBack acquired debt portfolios with a combined nominal value of €637 million from an unnamed Spanish bank, the company said in a market filing. This was the first such purchase in Spain for GetBack. The portfolio consists of some 186k cases of personal unsecured claims. B...

Locked content GetBack buys PLN 400 mln debt portfolios

WSE-listed debt collector Getback signed two preliminary binding deals to buy NPLs with a nominal value of PLN 400 mln secured on Polish real estate properties, the company said in a market filing. The NPLs will be purchased from a financial firm quartered in Copenhagen….

Locked content Best, GetBack acquire over PLN 1 bln debt portffolios

WSE-listed debt collector Best acquired a €230 million unsecured debt portfolio in Italy, the company said in a market filing. Another listed collector, GetBack, won a tender for purchase of portfolio worth a nominal ca. PLN 1.2 billion from an unspecified Polish bank, the company said in a filing. ...

Locked content GetBack acquires €246 mln Spanish debt portfolio

WSE-listed debt collector GetBack won the tender to buy debt portfolios with a combined nominal value of €246 million from an unnamed Spanish bank, the company said in a market filing. The company declined to release the price it paid, but according to the filing it is “a market price for such asset...

Locked content GetBack acquires €637 mln Spanish debt portfolio

WSE-listed debt collector GetBack won the tender to buy debt portfolios with a combined nominal value of  €637 million from an unnamed Spanish bank, the company said in a market filing. The company declined to release the price it paid, but according to the filing it is “a market price for such asse...

Locked content GetBack to acquire PLN 600 mln debt portfolio

Debt collection firm GetBack has won a tender for a debt portfolio with a nominal value of PLN 600 million, the company informed in a press release. The firm’s CEO said that for the entire 2017, the firm expects to acquire a total of PLN 2 billion worth of debt. Over the first three quarters… ...

Locked content GetBack H1 profit soars

WSE-listed debt collector GetBack recorded PLN 111.62 million net profit in H1, up by 50.5 percent y/y. EBIT stood at PLN 156 million, a 74.6 percent y/y growth. Revenues amounted to PLN 337.59 million, up by an impressive 111 percent y/y. “We consider that the first half of 2017 was another good ti...