EQS-News: PlusPlus Capital Financial S.à.r.l.
/ Key word(s): Bond
PlusPlus Capital receives Luxembourg District Court’s approval for reorganization of PlusPlus Capital Financial S.à r.l. Decision binding for all bondholders in accordance with the restructuring plan PlusPlus Capital will inform the bondholders about the further steps of the reorganization process in due course. PlusPlus Capital PlusPlus is a pan-Baltic and Finnish technology-driven receivables management company with offices in Tallinn, Riga, Vilnius, and Helsinki. The Company acquires overdue loans and other non-performing exposures from financial institutions and non-financial sector merchants. With its core competence in handling claims against private individuals, PlusPlus prefers diversified portfolios balanced by geography, portfolio type, and other metrics. Since its inception in 2010, PlusPlus has bought over 120 thousand claims with nominal value of approximately EUR 270 million. The Company offers its clients affordable recovery solutions and aims to avoid litigious scenarios. In doing so, PlusPlus pursues win-win solutions that allow sellers to focus on their core business, provide affordable solutions for borrowers, and ensure adequate returns for investors. PlusPlus is a transparent and socially responsible company set to assist people in resolving problems connected with their insufficient solvency. The ambition of PlusPlus is to increase its market share and further strengthen its position as a leading player in its regional market.
14.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | PlusPlus Capital Financial S.à.r.l. |
1 rue Jean Piret | |
L-2350 Luxembourg | |
Luxemburg | |
E-mail: | info@pluspluscapital.eu |
Internet: | https://pluspluscapital.eu/ |
ISIN: | XS2502401552 |
WKN: | A3K7UD |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich, Tradegate Exchange |
EQS News ID: | 1967211 |
End of News | EQS News Service |
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1967211 14.08.2024 CET/CEST
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