29/10/2024
KRUK posts solid performance for Q1–Q3 2024
The Management Board of KRUK S.A. has today released KRUK’s financial results for the third quarter of 2024. Net profit for the nine months to 30 September 2024 reached PLN 959 million, up 27% year on year. Recoveries from purchased portfolios...
21/10/2024
KRUK allocates PLN 75 million of bonds with 83% order reduction
Today, KRUK has allocated PLN 75 million of Series AP1 floating-rate bonds, with interest accruing at 3M WIBOR plus a fixed margin of 3.0pp per annum. With subscription orders placed by 1,665 investors for a total amount of PLN 434 million, an...
03/10/2024
KRUK returns with prospectus-based bond offering
3 October 2024, KRUK published the Final Terms and Conditions of its Series AP1 bonds. The bonds will be issued in a public offering under the Eleventh Bond Programme at the issue price equal to their principal amount. The issue price will be PLN...
27/08/2024
KRUK releases H1 2024 results
The KRUK Group’s net profit for the six months ended 30 June 2024 amounted to PLN 603 million, up 14% year on year, while recoveries from purchased debt portfolios reached PLN 1,738 million, up 16% year on year. At PLN 1,191 million, cash...
23/08/2024
KRUK Group estimates net profit for H1 2024 at PLN 603 million
The Management Board of KRUK S.A. has issued today a current report with an estimate of the KRUK Group’s net profit for the first half of 2024, which has been put at PLN 603 million. Estimated cash EBITDA for the period is PLN 1,191 million,...
19/06/2024
KRUK purchases more debt portfolios in Spain
As announced today, KRUK’s Management Board has signed agreements to acquire portfolios of unsecured retail debt with a total nominal value close to EUR 363 million (PLN 1.57bn, when translated at the mid exchange rate quoted by the National...
22/05/2024
KRUK increases access to bank credit
On 21 May 2024, the KRUK Group executed an annex to the multi-currency revolving credit facility agreement with a bank syndicate, with Oslo-based DNB Bank ASA serving as the agent. The annex increased the available credit from EUR 575 million to a...
