Collector signs financing agreement with large European corporate group
“This is the largest deal in Collector’s history and is the result of a process aimed at finding a competitive solution while minimizing risk. Collector has demonstrated its capacity to make cross-border factoring efficient in several major deals. Flexibility, efficient processes and strong systems support are key factors for these kinds of deals,” says Stefan Alexandersson, CEO of Collector.
The proposed agreement has a term of three years and begins to apply in February 2017.
For further information, please contact:
Stefan Alexandersson, CEO Collector I Phone +46 10 161 00 00 I email@example.com
Pia-Lena Olofsson, CFO & Head of IR Collector I Phone +46 10 161 00 00 I firstname.lastname@example.org
Åsa Hillsten, CCO & IR Collector I Phone +46 10 161 00 00 I email@example.com
This information is such that Collector AB is obliged to publish in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact persons set out above, on 28 October 2016 at 3:00 p.m. CET. Stock exchange: Ticker symbol COLL
About Collector bank
Collector Bank is a niche bank that offers cost-effective and innovative financial solutions to private and corporate customers. Innovation is one of our major drivers. Read more about Collector