10/01/2022
KRUK’s recoveries and investments hit new highs in 2021
In 2021, amounts recovered from portfolios purchased by the KRUK Group topped PLN 2.2bn, up 21% year on year, setting a new record for KRUK. In the fourth quarter of 2021 alone, recoveries from portfolios purchased by the Group totalled more than...
24/12/2021
KRUK to increase investments in Romania in next two years
KRUK has announced in a current report today that it has entered into agreements to purchase unsecured retail debt portfolios in Romania from UniCredit Consumer Financing IFN S.A. of Bucharest. Under the agreement, debts with a nominal value of up...
22/12/2021
KRUK wins corporate debt sale auction in Italy
As announced in a current report released today, KRUK has won a secured and unsecured corporate debt sale auction held by Unicredit S.p.A. of Milan. The nominal value of the auctioned debt portfolio is about PLN 1bn (~EUR 220m).
"Our results...
22/12/2021
KRUK buys further bank debt portfolios in Poland
KRUK has announced in a current report today that it has entered into agreements to purchase a portfolio of unsecured retail debt and a portfolio of secured and unsecured mortgage debt from Getin Noble Bank S.A.. The nominal value of the purchased...
16/12/2021
Record number of investors subscribe for PLN 239m of KRUK bonds
KRUK has announced today it allotted PLN 50m worth of 5-year Series AM1 bonds to investors. Subscriptions totalled PLN 239m, which translated into a subscription reduction of 79%. The bonds were issued as part of the Eighth Bond Issue Programme and...
29/11/2021
KRUK launches PLN 50m floating rate bond issue
On November 29th 2021, KRUK published the Final Terms and Conditions of its Series AM1 bonds. The bonds will be issued in a public offering under the Eighth Bond Programme at the issue price equal to their nominal value. The issue price will be PLN...
26/11/2021
Citi Group joins syndicate of banks providing finance to KRUK
As announced today by KRUK in a current report, the syndicate of banks with which it contracted a multi-currency revolving credit facility has been joined by Bank Handlowy S.A. In addition, the credit facility limit will be increased by EUR 25m, to...
25/11/2021
KRUK ramps up investments in Italy
Today, KRUK announced in a current report that it has entered into an agreements to purchase unsecured retail debt portfolios in Italy from one of the largest banks, Deutsche Bank SpA of Milan. The nominal value of the purchased debt cases is close...
