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Credit Corp to acquire Australian ledger book of Collection House Limited and increases 2021 guidance

Credit Corp Group Limited (Credit Corp) announces today that it has entered into a binding agreement to acquire the Australian Purchased Debt Ledger (PDL) book of ASX listed Collection House Group Limited (Collection House) for a total consideration of approximately $160 million plus the provision of a shortterm loan of $15 million which is expected to be fully repaid within 9 months. This loan is secured against Collection House’s tax receivables.

View the full Confirmation of Release - CCP - Acquisition of Collection House Australian ledger book