12/07/2022 Intrum AB (publ) (INTRUM) EUR450m (up from EUR400m and EUR300m minimum) 144A/RegS sr unsec due 03/15/28 (5.25y). NC2 (12/15/24) MWC B+50bp), then at 104.625, 102.313, 100. Equity claw: 2y (12/15/24) 40% at 109.25. (expect Ba3/BB)/BB (--/--/negative). Via Citi/GS (B&D)/SEB jt glocos/physical books/BNP/IMI/JPM/Nordea/CS/Danske/DB/DNB/MS/NatWest/Nykredit/Swedbank jt books. No reg rights. List Lux. NY Law. Semi pay. Settles 12/14 (T+5). Reg S ISIN: XS2566291865. IPT: 10.00%-10.25% yield (including 2-3 pts OID). Final terms: EUR450m 9.25% at 97.020, yield 10.00%. Priced: 9.25% at 97.020, yield 10.00%. +827bp vs DBR 0.50% 02/15/28. Virtual fixed income investor meetings 12/05-07 (global investor call 10:30am UKT 12/05). Books closed at 2:30pm UKT 12/07. GS coordinated international logistics and SEB coordinated Nordic logistics. UOP: to refinance EUR431m of Intrum’s EUR900m 3.125% Senior Notes due 07/15/24 (callable at 100). Biz: provides credit management and financial services in Europe. HQ: Stockholm, Sweden.