Lowell (Garfunkelux)  (UK & Germany)

Garfunkelux Holdco 3 S.A.



Status: Performing

All payments are on time


Maturity Date

01 Nov 2022

Next Interest Payment

01 Nov 2019

Interest Period

6 months

First ranking charge over company assets


Banks & Financials




S&P:  B+, Moody's:  B3

01 Nov 2018 at 104.25
01 Nov 2019 at 102.125
01 Nov 2020 at 100

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Lowell was formed in late 2015 following the acquisition of GFKL Group, Germany's largest receivables management business and Lowell Group, the UK's largest debt purchasing and collections business. In 2017 Lowell acquired the Intrum’s ‘carve-out’ business, formerly badged Lindorff, gaining businesses in Sweden, Estonia, Finland, Denmark, and Norway.

Lowell is Europe’s second largest credit management player with market leading positions in the UK, Germany, and the Nordic regions. The company's expertise is in debt purchasing, third party collection and business process outsourcing. The company has over 2,300 employees across eleven locations.

Capital at risk. No FSCS cover. See Risk Statement.


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