04/11/2021

Current Report No. 45/2021: Execution of debt assignment agreement on Polish market

Further to Current Report No. 44/2021 of October 27th 2021, the Management Board of KRUK S.A. (the “Company”) announces that today the Company’s subsidiary PROKURA NS FIZ (the “Buyer”) has signed agreement (the “Agreement”) with one of the largest banks in Poland (the “Bank”). The Agreement provides for the purchase a portfolio of unsecured retail debt with a nominal value of approximately PLN 543m and a portfolio of unsecured SME debt with a value of approximately PLN 724m.  The Agreement does not provide for any contractual penalties. Other terms and conditions do not differ from those commonly used in agreements of such type.

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