Current Report No. 42/2024: Claim assignment agreements with the CaixaBank Group executed on the Spanish market.
The Management Board of KRUK S.A. (the Company) announces that today, the Company’s subsidiary InvestCapital Ltd. of Malta (the Buyer) has signed agreements with the CaixaBank Group of Spain (Agreements, the Sellers). Under the Agreements, InvestCapital Ltd. purchased from the Sellers unsecured retail debt portfolios with outstanding balance of approx. EUR 363m (PLN 1.57bn at the mid exchange rate quoted by the National Bank of Poland for June 19th 2024).
Terms and conditions of the Agreements do not differ from those commonly used in agreements of such type.