Collection House Limited

( ASX:CLH ) - Diversified Financials

Analyst Views

CLH – Morgans rates as Hold

The company has entered a transaction with Balbec Capital to assign part of its arrangement book for $19.5m. The company will receive the cash up front and intends to reinvest this in PDLs. Collection House has the option to repurchase the residual rights to collect the remaining arrangements at the end of the five-year agreement.

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