Intrum updates on trading of its medium term notes in advance of concluding its Recapitalisation Transaction
In order to facilitate the distribution of entitlements pursuant to the Recapitalisation Transaction, Intrum AB (“Intrum” or the “Company”) will instruct Euroclear Sweden and Nasdaq Stockholm to block trading of its medium term notes maturing on (a) 3 July 2025 with loan number 114 (ISIN: SE0013105525), (b) 3 July 2025 with loan number 115 (ISIN: SE0013105533), (c) 12 September 2025 with loan number 111 (ISIN: SE0013104080) and (d) 9 September 2026 with loan number 113 (ISIN: SE0013360435) (jointly referred to as the “MTNs”) with effect from 9 June 2025.
Unless given a different meaning in this press release, terms defined in the press releases from July 2024 to May 2025 have the same meaning when used herein.
The blocking of trading is a procedural action and one of the administrative steps Intrum will take in advance of concluding its Recapitalisation Transaction, in order to facilitate the distribution of entitlements thereunder.
The trading block will take effect on 9 June 2025 and will remain in place until the MTNs are delisted from Nasdaq Stockholm and deregistered from Euroclear Sweden. Consequently, no transactions involving the MTNs will be settled in Euroclear Sweden after 9 June 2025. The final trading day for the MTNs on Nasdaq Stockholm before the block takes effect will be 3 June 2025. The trading block applies only to the MTNs.
Instructions for affected creditors who wish to claim their entitlements will be announced by the Company through a press release at a later date.
Contact details
Kroll Issuer Services (as Information Agent): intrum@is.kroll.com
Houlihan Lokey (as advisers to Intrum): intrum@hl.com
Media Inquiries:
Brunswick Group (as advisers to Intrum):
Oscar Karlsson, Partner
Magnus Rydin Lemoine, Director
+46 (8) 410 32 180
Simone Selzer, Partner
Freya Semken, Director
+44 (0) 20 7404 5959
intrum@brunswickgroup.com
DISCLAIMERS
This press release was prepared solely for information purposes and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Recipients should not consider it as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.
No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained in this press release. Neither the Group nor any of its advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this press release or its contents.
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