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GetBack press releases, news, publications, Business Pulse

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN, OR IN OTHER COUNTRIES IN WHICH SUCH DISTRIBUTION MAY BE SUBJECT TO RESTRICTIONS OR PROHIBITED BY LAW. Warsaw, February 16th 2018 GetBack S.A. plans to raise PLN 15m through another public bond issue Getback S.A., an entity operating on the debt management market, plans to raise up to PLN 15m through an issue of the sixth series of bonds…
GetBack S.A. has become a partner of the 7th “Debt Trading” conference, focused entirely on loss optimisation in debt portfolio sales. The event was held on February 6th-7th 2018, at the Regent Hotel in Warsaw. Attendees included representatives of the banking and lending sectors, the Court Bailiffs Chamber and BIG InfoMonitor S.A., a credit reference agency. Topics discussed ranged from assignment as an element of debt management to changes in the industry’s legislative framework and solutions designed to facilitate document…
Fitch Ratings, as the second global credit rating agency, has announced its rating on GetBack S.A., one of Poland’s leading debt managers, assigning it a long-term issuer default rating of B + with a stable outlook. According to the Agency, the rating primarily reflects a solid and scalable business model, adequate risk controls (particularly with regard to portfolio valuations), well-controlled expenses, acceptable debt levels and wide EBITDA margins. At the same time, the Agency stressed that the Company’s debt purchasing…
GetBack S.A., one of the leading entities on the Polish debt management market, has received a total of more than PLN 1.2 bn in repayments from its debt portfolios in 2017, or 70.1% more than the year before. The total value of debt portfolio purchases made by GetBack S.A. on behalf of its own and external securitization funds has reached nearly PLN 2bn, an increase by 110.5% from 2016. GetBack S.A. has summarized selected key operating indicators for the year…
GetBack S.A. has announced that entities from its group executed two preliminary agreements for the purchase of performing and non-performing mortgage loan debt from a financial institution based in Copenhagen, Denmark. The company has announced that the agreements provide for the purchase of debt secured by mortgages over properties located in Poland, with a total nominal value of approximately PLN 0.4bn. The final purchase agreements are expected to be signed by March 31st 2018. With these agreements, the Group will…
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Spokesperson GetBack S.A.

Jolanta Grzechca-Meissner

Director of Public Relations Department
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Tel.: 785 933 101

 

Contact for media

Kinga Fromlewicz

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Tel.: 720 855 650

 

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