B2 Impact ASA: Fixed Income Investor Meetings and Trading Update

Oslo, 18 January 2024: B2 Impact ASA, rated Ba2 (Stable outlook) by Moody’s, has mandated DNB Markets and Nordea as Global Coordinators and SpareBank 1 Markets as Joint Lead Manager to arrange a series of fixed income investor meetings commencing 19 January 2024. A senior unsecured 4-year floating rate EUR denominated bond issue may follow, subject to inter alia market conditions.

Upon successful completion of the new bond issue, B2 Impact ASA contemplates to exercise its right to make a voluntary early redemption of the remaining B2H05 at par, in accordance with its terms and conditions.

Trading Update

In connection with the upcoming investor meetings, and possible new bond issue, the Company is hereby releasing a trading update based on preliminary financial information for the fourth quarter of 2023 (comparable figures for Q4 2022 in brackets).

Cash collections of more than NOK 1,900 million (NOK 1,458 million)

  • up at least 30% y-o-y

Portfolio investments of more than NOK 800 million (NOK 769 million)

  • up at least 4% y-o-y

Cash EBITDA of more than NOK 1,500 million (NOK 1,140 million)

  • up at least 31.5% y-o-y

Leverage ratio at end of quarter at less than 2.00x (2.26x)

  • down at least 11.5% y-o-y

For further information, please contact:

André Adolfsen, CFO
Mobile: +47 930 19 150
E-mail: andre.adolfsen@b2-impact.com


Rasmus Hansson, Head of Investor Relations and M&A
Mobile: +47 952 55 842
E-mail: rasmus.hansson@b2-impact.com

This information is published in accordance with the requirements in Oslo Børs’ issuer rules and the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This information is considered to be inside information and was published by Rasmus Hansson, Head of Investor Relations and M&A at 08:00 (CET) on the date indicated above.

About B2 Impact

B2 Impact is one of the leading pan-European debt management companies. B2 Impact offers solutions to the challenges created by defaulted loans, and provide liquidity to financial institutions, contributing to a healthier financial system. B2 Impact promote lasting financial improvement through transparent and ethical debt management. The Company was founded in 2011 and employs around 1,700 people. B2 Impact is headquartered in Oslo, Norway and the B2 Impact share is listed on the Oslo Stock Exchange under the ticker "B2I". For further information, visit www.b2-impact.com