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 be taken care of in Poland, there is much room for growth here,” company's CEO Konrad Kąkolewski said. The company has also launched a PLN 300 bond issue program with PLN 60 million allocated for the first issue. Subscriptions are set to run through April 18-27.