Hoist Finance acquires portfolio in the UK


As part of its strategy for continued expansion in the UK, Hoist Finance has
acquired a portfolio of non-performing consumer loans from Santander UK. The
portfolio contains approximately 270,000 claims. The transaction value is not
disclosed.

”The transaction is further evidence to our strategy of becoming the leading
debt restructuring partner to global banks and financial institutions,” says
Jörgen Olsson, CEO of Hoist Finance.

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to global banks and
financial institutions, offering a broad spectrum of advanced solutions for
acquisition and management of non-performing unsecured consumer loans. The total
carrying value of Hoist Finance’s acquired loans is approximately EUR 800
million.

Hoist Finance is a Pan-European debt purchase company with presence in eight
European markets. Hoist Kredit AB (publ) is licensed and regulated by the
Swedish Financial Supervisory Authority, and is funded by the internet-based
savings deposit service HoistSpar in Sweden, with more than 60,000 accounts, and
by senior and subordinated unsecured bonds of in total SEK 1.1 billion, listed
on NASDAQ OMX, as well as EUR 100 million in senior unsecured bonds.

www.hoistfinance.com

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lag om värdepappersmarknaden).
This information was released for publication at 8.00 on 16 October 2014.

For further information, please contact:

Jörgen Olsson, CEO Hoist Finance

Jane Niedra, IR Hoist Finance

Contact details:

Phone +46 (0)8 55 51 77 90
Email: jane.niedra@hoistfinance.com

Attachments

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