Locked content Kruk will issue bonds worth up to PLN 30 mln

The board of debt collector Kruk decided to issue no more than 300,000 five-year AG1 series bonds with a total nominal value of up to PLN 30 million, the company said. The unsecured bonds will be issued in a public offering. The AG1 series bonds will bear a variable interest rate equal to the WIBOR ...

Locked content Kruk to buy debts from UniCredit worth PLN 4 bln

ItaCapital s.r.l. based in Milan, a subsidiary of Kruk, has entered into binding agreements with entities belonging to the UniCredit Group in Italy – Milan-based UniCredit S.p.A. and Verona-based Arena NPL One S.r.l. – for the purchase of receivables from unsecured consumer loans with a total nomina...

Locked content Kruk to trade bonds on Catalyst

The board of the Warsaw Stock Exchange has announced that bulk debt collector Kruk will start trading 50,000 AD1 series bonds on the alternative market, Catalyst, on August 22, 2016. The value of each bond stands at PLN 1,000, the bourse informed. Kruk is the largest bulk debt collection company in ...

Locked content Kruk buys liabilities worth PLN 760 mln

Poland’s largest bulk debt collector Kruk signed an agreement with Piraeus Bank Romania to purchase a liabilities portfolio valued at PLN 761 million for PLN 50 million, the firm’s CEO informed. “The agreement is a result of our eight-year experience in Romania and a leading positi...

Locked content Kruk will pay out dividend first time ever

Polish bulk debt collection company Kruk is going to pay out first dividend in its history, said its CEO Piotr Krupa informed ISBnews agency. “I know that the dividend for last year is not high but we are getting used to sharing our profits with the shareholders. First of all, we want to grow,...

Locked content Kruk net profit up

Polish bulk debt collection company Kruk S.A reported a consolidated net profit of PLN 151.8 million in 2014, compared with PLN 97.7 million in 2013, the company informed on Monday. Kruk’s operating profit amounted to PLN 208.16 million, versus PLN 152.94 million in the previous year. Sales re...

Locked content Kruk bought PLN 1.58 bln worth of outstanding debt in Q4 2014

Kruk S.A bought PLN 1.58 billion worth of outstanding debt for PLN 215.4 million in Q4 of the previous year. In the same period of 2013, the company acquired PLN 1 billion worth in receivables for PLN 82.2 million, announced the company in a press release. Kruk spent PLN 570 million for purchasing P...

Locked content Kruk subsidiary wins tender for PLN 443 mln in liabilities

Kruk subsidiary Prokura NS FIZ has won a tender for WBK Bank Zachodni’s liability portfolio with a face value of PLN 443 million. The company released a statement confirming the deal and said that the issuer will follow with a similar statement, ISBnews reported. Kruk SA is Poland’s bigg...