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Intrum Justitia AB Announces Tender Offer Results for Senior Secured Notes

Story Highlights
  • Intrum Justitia AB focuses on credit management services in the financial sector.
  • The company accepted notes worth €250 million at 94.4% value, impacting its debt profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intrum Justitia AB Announces Tender Offer Results for Senior Secured Notes

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The latest update is out from Intrum Justitia AB ( (SE:INTRUM) ).

Intrum Justitia AB announced the results of its tender offers for senior secured exchange notes issued by its subsidiary, Intrum Investments and Financing AB. The offers, part of a recapitalization transaction, resulted in the acceptance of notes up to a maximum principal amount of €250 million at 94.4% of their nominal value. This move is expected to impact the company’s financial structuring and stakeholder interests by optimizing its debt profile.

The most recent analyst rating on (SE:INTRUM) stock is a Hold with a SEK53.00 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 financial services industry, primarily focusing on credit management services. The company offers debt collection and credit management solutions, serving various stakeholders in the financial sector.

Average Trading Volume: 1,192,002

Technical Sentiment Signal: Sell

Current Market Cap: SEK5.57B

See more data about INTRUM stock on TipRanks’ Stock Analysis page.

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