Swedish debt collector Intrum (INTRUM.ST), opens new tab has reached an agreement in principle with a majority of its revolving credit facility (RCF) lenders in a step towards a recapitalisation of the company, it said in a statement on Thursday.
Europe’s biggest debt collector said the deal involved lenders holding 76% of RCF debt.
“This agreement supports an amendment and extension of the RCF in the context of the recapitalisation transaction previously announced by Intrum on July 11,” it said in a statement.
Source: REUTER
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