Locked content Kruk allocates bonds of PLN 65 mln

Polish debt collector, Kruk has allocated AB1 bonds worth PLN 65 million through a third program of public offering, the company reported. AB1 series bonds will be traded on the market regulated by Catalyst. “The maturity of the bonds is 60 months from the date of allotment, the issuer will ha...

Locked content Kruk allocates bonds

Polish debt collector, Kruk has allocated 150,000 bonds worth PLN 150 million through public offering, the company reported. The bonds have a floating interest rate that will be determined based on the three-month WIBOR interest rate, plus investors’ markup amounting to 3.5 percent. The money ...

Locked content Kruk eyes Kredyt Inkaso

Debt collector Kruk is allegedly interested in acquiring its competitor Kredyt Inkaso, according to ISBnews agency. The agency cited a market source saying that the boards of the companies have already held talks regarding a possible transaction. “We are in talks with other entities, investors...

Locked content Kruk buys Presco Investments

Polish debt collector, Kruk has signed a deal to acquire a 100 percent stake in Presco Investments. The final price of the deal will be set on May 30, 2016 and will not exceed PLN 216,8 million, the company said. Kruk and Presco signed a letter of intent in September with a view to purchasing the en...

Locked content Kruk gets green light to acquire Presco Investments

Polish anti-monopoly watchdog UOKiK has approved the acquisition of Presco Investment I NS FIZ by Kruk Towarzystwo Funduszy Inwestycyjnych (Kruk TFI), the office reported. Kruk and Presco signed a letter of intent in September with a view to purchasing the entire holding  and taking over the portfol...

Locked content Kruk acquires portfolio in Italy

Polish debt collector, Kruk has won a tender to acquire a portfolio from Italian Unione di Banche Italiane Scp, the company informed. The value of the liabilities stands at €83 million, which roughly translates to nearly PLN 357.2 million. In November, Kruk established two subsidiaries based in Mila...

Locked content Kruk TFI to acquire Presco Investment

Kruk Towarzystwo Funduszy Inwestycyjnych (Kruk TFI) has applied to the anti-monopoly watchdog UOKiK for the acquisition of Presco Investment I NS FIZ, the office reported. Kruk and Presco signed a letter of intent in September with a view to purchasing the entire holding  and taking over the portfol...

Locked content Kruk allocates bonds

Polish debt collector, Kruk has allocated 300,000 bonds worth PLN 30 million through public offering, the company reported. The bonds have a floating interest rate that will be determined based on the three-month WIBOR interest rate, plus investors’ markup amounting to 2.9 percent. In December...

Locked content Kruk eyes Italy and Spain

Polish debt collector Kruk is hoping to buy liabilities portfolios in Spain or Italy in the second half of next year, ISBnews reported citing company’s CEO, Piotr Krupa. Krupa said that Kruk is ready to operate in Italy as well as in Spain, but “acquiring liabilities portfolio from lende...

Locked content Kruk buys liabilities worth over PLN 700 mln

Poland’s largest bulk debt collector Kruk has won a  tender to purchase a liabilities portfolio worth PLN 718 million from Poland’s largest lender PKO BP, the media reported citing a company press release. According to the debt collector, the transaction is the second biggest completed t...