News

23/02/2024

KRUK allocates PLN 70m worth of bonds with 75% order reduction

Today, KRUK has successfully allocated its Series AO7 bonds with a total nominal value of PLN 70m. The order reduction of 75.37% sets a new record in the Company’s history for issuing prospectus-based bonds with a nominal value exceeding PLN...

22/02/2024

KRUK Group announces estimated net profit of PLN 1,012m for 2023

Today, the Management Board of KRUK S.A. released a current report with preliminary estimates for the KRUK Group’s net profit, projecting PLN 256m for the fourth quarter of 2023 and PLN 1,012m for the full year. Estimated fourth-quarter cash...

12/02/2024

KRUK allots EUR-denominated bonds with order reduction of 30% and launches subscription for PLN-denominated bonds

On 12 February 2024, KRUK allotted EUR 14m worth of Series AO6EUR bonds. The subscriptions totalled EUR 19.9m, entailing a 29.72% reduction of subscription orders. Friday, 9 February 2024, saw the launch of subscription for Series AO7 retail bonds...

01/02/2024

KRUK allots bonds with 56% order reduction and opens subscriptions for additional euro-denominated bond series

On 1 February 2024, KRUK allotted EUR 10m worth of Series AO5EUR Bonds as part of its third offering of euro-denominated bonds to retail investors. Subscriptions totalled EUR 22.8m, entailing a 56% reduction of subscription orders. In response the...

17/01/2024

KRUK opens subscriptions for its third prospectus-based euro bond issue

On 17 January 2024, KRUK published the Final Terms and Conditions of its Series AO5EUR bonds. The bonds will be issued in a public offering under the Tenth Bond Programme at the issue price equal to their nominal value. The issue price will be EUR...

10/01/2024

KRUK in 2023 – nearly PLN 3bn of new debt purchases and over PLN 3bn in recoveries

Recoveries from purchased portfolios posted by the KRUK Group for 2023 totalled PLN 3.062bn, up by 17% year on year. In the three months to 31 December 2023 alone, recoveries reached PLN 777m, up by 11% year on year and down by 1% quarter on...

20/12/2023

KRUK signs contract to purchase a debt portfolio in France

On December the 20th 2023 KRUK announced that it has signed purchase agreement of forward flow unsecured retail debt portfolio from one of the largest banks on the French market, with a total nominal value of up to EUR 120 million (PLN 520 million,...

18/12/2023

KRUK allots additional pool of EUR bonds with 65% order reduction

KRUK has allotted an additional EUR 5m worth of series AO4EUR bonds with a 65% order reduction. It was a supplementary offering conducted right after KRUK’s highly successful prospectus-based offering of bonds in Euro for retail investors,...

14/12/2023

KRUK will purchase another debt portfolio in Italy

Today KRUK announces that it was notified of a positive decision by one of the primary financial institutions in Italy concerning conclusion of a debt assignment agreement to purchase a portfolio of unsecured retail debt with a total nominal value...

12/12/2023

KRUK allots bonds with 71% order reduction and opens subscriptions for additional series of EUR bonds

KRUK has allotted EUR 5m worth of series AO3EUR EUR bonds with a 71% order reduction. This was KRUK’s first-ever prospectus-based offering to retail investors in euro. The total value of subscriptions placed by investors amounted to EUR 17.3m....