Locked content Kruk to reach PLN 1 bln in portfolio purchases in 2016 – CEO

Poland’s largest bulk debt collector Kruk plans to spend PLN 200-500 million on debt purchases to end-2016, Kruk CEO Piotr Krupa announced. “There are many projects on all the markets we operate on and it seems that the level of several hundred million zloty is realistic,” Krupa sa...

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 issues third bond program worth PLN 65 mln

Poland’s largest bulk debt collector Kruk has allocated AB3 series 5-year bonds worth PLN 65 million issued in frames of the third public bond purchase program, the company informed. “Kruk issued 650,000 AB3 series bonds with a nominal value of PLN 100 each and with a maturity date of 60...

Locked content Kruk allocates bonds for record sum of PLN 135 mln

Poland’s largest bulk debt collector Kruk has allocated unsecured bonds worth PLN 135 million, the company informed. “Kruk issued 1.35 million AB2 series unsecured bonds with a nominal value of PLN 100 each and with a maturity date of 60 months from the deemed date of allotment,” a...

Locked content Kruk to issue bonds worth PLN 135 mln

Poland’s largest bulk debt collector Kruk has decided to issue unsecured bonds worth up to PLN 135 million, the company informed. “Kruk will issue no more than 1.35 million AB2 series unsecured bonds with a nominal value of PLN 100 each and with a maturity date of 60 months from the deem...

Locked content Kruk to issue bonds worth PLN 100 mln

Poland’s largest bulk debt collector Kruk has decided to issue uncovered bonds maturing in six years worth up to PLN 100 million, the company informed. “Kruk will issue no more than 100,000 AC1 series of uncovered bearer bonds with a nominal value of PLN 1,000 each and with a maturity da...

Locked content Kruk wins first tender in Spain

Debt collector Kruk has won a tender in Spain for the acquisition of a debt portfolio worth €3 million from BIGBANK Consumer Finance. The company wants to increase its presence on the market and is participating in other auctions. “The first tender won in Spain is not spectacular in terms of i...

Locked content Kruk finalizes acquisiton of Presco

Polish debt collector, Kruk has finalized the acquisiton of Presco Investment for PLN 193.7 million, the company said in a filing. Kruk and Presco signed a letter of intent in September with a view to purchasing the entire holding  and taking over the portfolio of liabilities worth PLN 2.7 billion. ...

Locked content Kruk issues PLN 65 mln bonds

Polish debt collector, Kruk has allocated AB1 bonds worth PLN 65 million maturiting in 5 years, the company reported. “979 investors made total provisions for the amount of over PLN 336 million. The reduction rate was 81 percent,” the statement informed. AB1 series bonds were issued unde...