24/12/2021

Current Report No. 61/2021: Execution of debt assignment agreement on Romanian market

The Management Board of KRUK S.A. (the “Company”) announces that today the agreement (the “Agreement”) was concluded between the Company’s subsidiary – InvestCapital LTD of Malta, and UniCredit Consumer Financing IFN S.A. of Bucharest, Romania. The Agreement provides for the purchase of debt portfolios comprising unsecured consumer loans, with an aggregate nominal value of up to RON 240m (PLN 224m translated at the average exchange rate quoted by the National Bank of Poland for December 24th 2021). The Agreement stipulates that the debt portfolios will be purchased in 24 monthly tranches. Terms and conditions of the Agreement do not differ from those commonly used in agreements of such type.

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