Intrum AB (publ) ("Intrum" or the "Company") has received the required consents from its creditors for the previously announced sale of its remaining 35 percent holding in porfolios owned through a joint venture with Brocc Finance AB (“Brocc”), an affiliate of Cerberus Capital Management L.P.
The portfolio sale, which was announced in January 2026, has now received the required consents by Intrum’s creditors as well as regulatory approval by Brocc and is expected to close on or around 10 July 2026.
As previously communicated, Intrum will continue to service the portfolios under the existing servicing agreement, while maintaining its strategic co-investment partnership with Brocc.
The net proceeds are expected to be circa EUR 217 million, resulting in a realised gain of circa EUR 35 million, based on a book value of EUR 182 million as of May 2026. The net proceeds from the transaction will be used to reduce the Company’s second lien Exchange Notes in line with the Company's strategy and will lead to an improvement in the leverage ratio of 0.2x, based on Q1 2026 figures.
For more information, please contact:
Investor Relations
Annie Ho
Head of Treasury & Investor Relations
ir@intrum.com
Media enquiries
Kristin Andersson
Group External Communications Director
kristin.andersson@intrum.com