Intrum

Intrum Files for Bankruptcy to Restructure $4.5B Debt Pile

Nov 18, 2024

Intrum (INTRUM.ST), Europe’s largest debt collector, filed for Chapter 11 bankruptcy in the United States on Friday as part of its strategy to restructure its debt. The company has faced challenges stemming from the pandemic, an energy crisis, and two-decade-high interest rates, which failed to trigger a surge in loan defaults. At the end of…
Intrum Seeks Bankruptcy Protection to Restructure $4.7B Net Debt

Oct 20, 2024

Intrum (INTRUM.ST), Europe’s largest debt collector, announced on Friday that it will file for voluntary Chapter 11 bankruptcy protection in the United States to restructure its finances. The company has faced challenges as the pandemic, an energy crisis, and two-decade-high interest rates failed to trigger a wave of loan defaults. Concerns have grown over Intrum’s…

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