Locked content Kąkolewski dismissed from GetBack CEO post

WSE-listed debt collector GetBack dismissed Konrad Kąkolewski from CEO post effective immediately. The board appointed Kenneth William Maynard interim CEO till June 15, the company said in a statement. In addition, Anna Paczuska and Marek Patuła resigned from being board members with immediate effec...

Locked content GetBack signs letter of intent with foreign industry investor

WSE-listed debt collector GetBack signed a letter of intent with an unnamed foreign industry investor regarding purchasing company’s shares in the planned private placement issue, the company said in a market filing. GetBack added that this investor has not been named in the previous company’s filin...

Locked content Arbis interested in GetBack private placement

Equity fund Abris Capital Partners is interested in participating in the private placement offer of WSE-listed debt collector GetBack, the company said in a market filing. Arbis currently controls 60 percent stake and wants to retain similar stake after the new share issue. Abris wants to buy shares...

Locked content GetBack finds Israeli investors interested in providing funding

WSE-listed debt collector GetBack has received declarations from three Israeli investors regarding possible capital injection, the company said in a market filing. They include Shavit Capital Fund, Leumi Investment Services, and Cukierman & Co Investment House. “These are entities operating on i...

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...