Intrum Says US Court Approves Settlement With Minority Creditors

US Bankruptcy Court has approved Intrum AB’s settlement with a minority group of holders of its notes due 2025, according to company statement.

• Settlement remains subject to certain conditions precedent which are expected to be satisfied in the coming days
• NOTE: Intrum Finalizes Investment Partnership With Cerberus
  • In March, Intrum Says Company Reorganization Plan Meeting Due April 15
  • Intrum Wins Over Holdout Bondholders by Paying Off Some Fees

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Janine Phakdeetham in Bangkok at jphakdeetham@bloomberg.net

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