...July 6, 2026 MADRID (S&P Global Ratings) July 6, 2026--S&P Global Ratings today assigned its 'B+' issue rating to the proposed senior secured issuance from Intrum Investments and Financing AB. The 525 million issuance, maturing in 2031, will be used to refinance the existing 1.5 lien notes issued by the group in 2025 after its restructuring. Like the notes they are replacing, these will be fully guaranteed by Intrum AB (publ) (Intrum) and key operating subsidiaries, ranking above the rest of the company's senior secured notes but below its revolving credit facility. This status gives the notes significant collateral value available to repay these liabilities in the event of default, and our recovery rating on the notes is '1'. Based on our 'B-' long-term issuer credit rating on Intrum and our very high recovery prospects we assigned our 'B+' rating to the notes. This issuance is the most recent in a broad suite of measures by Intrum to improve its capital structure. This includes its material...
