Current Report No. 59/2023: 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 315m (PLN 1.4bn at the mid exchange rate quoted by the National Bank of Poland for July 21st 2023).
Terms and conditions of the Agreements do not differ from those commonly used in agreements of such type.