Kredinor AS: Extension of RCF

10 Dec 2024 09:14 CET

(Oslo, 10 December 2024): Reference is made to Kredinor AS’ existing NOK 4.2
billion multi-currency revolving credit facility (“RCF”). All lenders have
consented to Kredinor’s request to extend the RCF by one year until November
2026. The total commitments have also been reduced to NOK 3.5 billion.

About Kredinor:

Kredinor is Norway’s leading debt collection agency. Our market share in Norway
continues to be high, with a volume of 30 percent of the total outstanding debt
collection mass and 18 percent of new cases for debt collection (Finanstilsynet,
2024).

Kredinor will continue to be a market leader in the industry, and we will have
the most satisfied clients. We are at the forefront of developing new digital
solutions that make it easier for customers to pay and faster for clients to
receive payment for goods or services.

Kredinor is a full-service debt collection company that offers services in two
main categories, Credit Management Services (CMS) and Portfolio Investments
(PI). Today we have offices in Norway, Sweden, Denmark, and Finland. Our
ambition is to become a leading debt collection company in the Nordics.

Kredinor’s owners are SpareBank 1 Gruppen (68.64%) and Kredinorstiftelsen
(31.36%).

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