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 have the right for early redemption of all or part of bonds subscribed at their request, but not earlier than six months after the date of allotment," the statement informed. At the end of 2015, Kruk had total liabilities from loans and credits to the amount of PLN 942 million.