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FINWIRES

Intrum Accepts 2027, 2028 Notes for Repurchase Under Tender Offer

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Intrum (INTRUM.ST) on Tuesday provided an update on the tender offer results for three series of notes issued by its Intrum Investments and Financing unit.

The Swedish credit management services company's subsidiary accepted to repurchase 172.8 million euros of euro-denominated 7.750% senior secured notes due 2027, 42 million kronor of krona-denominated 7.750% senior secured notes due 2027, and 19.9 million euros of euro-denominated 7.750% senior secured notes due 2028.

The tender offers are expected to be settled on Wednesday.

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