Kruk Increases and Extends Credit Facility Agreement

The board of the Polish debt buyer and servicer, KRUK, listed on the Warsaw Stock Exchange and operating in various European countries  has announced the signing of an appendix to increase and extend the revolving multi-currency credit facility agreement with a syndicate of banks, with DNB Bank acting as the agent.

The contractual appendix provides for a €25 million increase, raising the limit to €650 million, and extends the availability of the facility until July 2029.

At the same time, the guarantee provided for liabilities under the Credit Facility, along with the declaration of submission to enforcement, stands at approximately €975 million.

Roberto Sergio

Managing Director of Credit Village, Roberto Sergio has more than 20 years of experience in NPL and distressed debt in the Italian and International market. He is the editor of the NPL column in Credit Village Magazine and the director of Credit Village's National NPL Market Observatory.

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