Intrum Justitia AB Announces Recapitalization Transaction

Intrum Justitia AB ( (SE:INTRUM) ) just unveiled an announcement.

Intrum Justitia AB has announced a recapitalization transaction inviting noteholders to claim their exchange entitlements and participate in a rights offering for new money notes. This move is part of the company’s strategic plan to strengthen its financial position, with the transaction expected to close by mid-July, pending regulatory approvals. The recapitalization will involve the issuance of new notes and shares while canceling existing notes, potentially impacting the company’s financial structure and stakeholder interests.

The most recent analyst rating on (SE:INTRUM) stock is a Hold with a SEK30.00 price target. To see the full list of analyst forecasts on Intrum Justitia AB stock, see the SE:INTRUM Stock Forecast page.

More about Intrum Justitia AB

Intrum Justitia AB operates in the credit management services industry, offering debt collection and related financial services. The company focuses on providing solutions to improve cash flow and manage credit risk for businesses across various sectors.

YTD Price Performance: 32.85%

Average Trading Volume: 535,651

Current Market Cap: SEK4.4B

For an in-depth examination of INTRUM stock, go to TipRanks’ Stock Analysis page.