News

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....

28/11/2023

More investments in the pipeline for KRUK on Italian market

Today, KRUK has won an auction for the purchase of an unsecured retail debt portfolio from a BNP Paribas Group entity with a total nominal value of approximately EUR 70 million (PLN 304.8 million, as translated at the mid exchange rate quoted by the...

27/11/2023

Subscription starts for KRUK retail bonds in Euro

The subscription period for Series AO3EUR bonds offered by KRUK has begun today, and will continue from November 27th to December 8th 2023. The bonds are being issued in a public offering under the Tenth Bond Programme at the issue price equal to...

24/11/2023

Banking syndicate increases credit line for KRUK

The Management Board of KRUK S.A. has announced the successful increase of its revolving credit facility to the maximum amount of EUR 575m. The banking syndicate comprising DNB Bank ASA, ING Bank Śląski S.A., Santander Bank Polska S.A., Powszechna...