Locked content GetBack to issue PLN 40 mln in bonds

WSE-listed debt collector GetBack wants to raise up to PLN 40 million from the fourth bond issue of its bond issue program, the company said in a market filing. The bonds will mature in 3.5 years and have a variable interest rate based on WIBOR 3M plus 4 percent margin annually. Investors can subscr...

Locked content GetBack mulls entering Spanish market

WSE-listed debt collector GetBack is mulling acquiring a receivables portfolio in Spain this year, as it plans to diversify its operations, CEO Konrad Kąkolweski said. “We understand the Spanish legal system well. We think there are a lot of interesting portfolios as well as a lot of companies that ...

Locked content GetBack sets IPO price at PLN 18.5 per share

WSE-bound debt collector GetBack has set its IPO price at PLN 18.5 apiece, despite earlier reports saying that the price would reach PLN 20. This is the minimum price set in the company’s IPO prospectus and values the offer at PLN 740 million. It’s lower than GetBack original plan to take PLN 400-50...

Locked content GetBack IPO price set at PLN 20 per share – Reuters

WSE-bound debt collector GetBack will set its IPO price at PLN 20 per share, according to the sources quoted by Reuters. The price would be in the lower end of the price range set at PLN 18.5-27 apiece in the IPO prospectus and would value the offer at PLN 800 million. The IPO will include…

Locked content GetBack sets max price in IPO at PLN 27 per share

Debt collector GetBack set its max share price at PLN 27, which puts the value of the IPO at PLN 1.08 billion. The company will offer up to 40 million shares, including 20 million new ones. The company said that it hopes to raise PLN 400-500 million from the new share issue. The company also…

Locked content KNF approves GetBack prospectus

Financial Supervision Authority (KNF) approved the IPO prospectus of the debt collector GetBack. GetBack plans IPO for Q2, or Q3 this year, the company previously said. The IPO will include up to 40 million shares, with half of them being a new issue, and another half will be offered by a single inv...

Locked content Getblack plans IPO for Q2/Q3

Debt collector Getback plans IPO for Q2, or Q3 this year, the company said in a market filing. The company will offer up to 40 million shares, with half of them being a new issue, and another half will be offered by a single investor. The company currently has 80 million shares in total, owned…...

Locked content GetBack debt collector eyes IPO

Debt collector GetBack filed an issue prospectus to the financial market regulator KNF and plans to conduct an IPO this year. “Our company has PLN 400 million in capital, which we plan to increase by several hundred millions in order to finance our organic growth. We see a lot of assets that could b...

Locked content GetBack net profit up by 66.5% y/y

WSE-bound debt collector GetBack had a PLN 200.3 million net profit last year, up by 66.5 percent y/y. Its revenues grew by 104.5 percent to PLN 422.7 million, company said in a market filing. The value of GetBack’s receivables portfolio stood at PLN 19.4 billion at the end-2016, up 39 percent...

Locked content GetBack mulls IPO

Debt collector GetBack’s management will seek general assembly’s approval to launch IPO on the Warsaw Stock Exchange, the company said in a market filing. “As of today, the details of the potential offer, including its date have not been decided upon.” GetBack engages in the recovery of ...