Intrum AB (publ) (INTRUM.ST)
- Bloomberg
Cerberus Mulls Bigger Intrum Partnership as Company Tackles Debt
(Bloomberg) -- Cerberus Capital Management LP and Intrum AB are considering a more extensive partnership as the Swedish debt collector explores options to address its borrowings. Most Read from BloombergErdogan Suffers Historic Loss in Turkey Municipal ElectionsUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldBridgewater CEO's Turnaround Hinges on Wooing Restless ClientsChina Industrial Upswing Is Latest Sign of Economic RecoveryAT&T Says Data From 73 Million Accounts Leaked on Dar
- Reuters
Intesa books 66 million euros impairment on Intrum venture
Intesa Sanpaolo has booked an impairment on its joint venture with Sweden's Intrum, Europe's biggest debt collector, in a move that highlights the challenges facing the bad loan recovery industry. In its full year report, Intesa said it had reduced by 66 million euros ($71 million) the book value of its stake in the joint venture it struck with Intrum back in 2018. At the time, Intesa merged is loan collection business with the one Intrum owned in Italy in a deal that allowed the bank to shed a nominal 10.8 billion euros in bad debts.
- Bloomberg
Intrum Creditors Split, Group Picks Weil, Lazard for Talks
(Bloomberg) -- Bondholders of Intrum AB who considered teaming up for debt talks with the Swedish company have split into different groups given the varied interests of the investors depending on the maturities of the notes they hold, according to people familiar with the matter. Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Inter
