Intrum

  • Intrum Seeks Bankruptcy Protection to Restructure $4.7B Net Debt

    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…