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 press release read. Earlier, Kruk informed that the bonds will be traded on the Catalyst market, and the money raised will be used for purposes related to financing liability purchases, or to refinance the debt of the company, or to finance the development of the company through acquisitions. In mid-March Kruk issued PLN 65 million in corporate bonds in the frame of the PLN 300 million program.