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Published on 7/27/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Intrum to redeem €600 million of 2¾% senior notes due 2022

By Taylor Fox

Chicago, July 27 – Intrum AB plans to redeem €600 million aggregate principal amount of its €750 million 2¾% senior notes due 2022 (ISIN: XS1634531344, XS1634532318) on Aug. 6, according to a news release.

The redemption price of the notes is 100.688% of the outstanding principal amount of the notes plus interest, or an aggregate principal amount of €605,090,500.

Citibank NA is the trustee, principal paying agent and registrar for the notes.

Intrum is a Stockholm-based credit management company.


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