B2Holding ASA - Fixed income investor meetings\, corporate ratings and trading update
Fixed income meetings
B2Holding ASA ("B2H") has mandated DNB Markets, Nordea and Swedbank to arrange a
series of fixed income investor meetings commencing on 3 May 2018. A EUR
denominated, senior unsecured bond issue with a five year tenor may follow,
subject to inter alia market conditions.

Prior to these investor meetings, B2H expects to announce that it has been
assigned public corporate ratings. The contemplated bond issue will not be
assigned an issue rating.

Trading update
In connection with the upcoming investor meetings, and possible bond issue, the
Company is hereby releasing a trading update based on preliminary financial
information for the first quarter of 2018.

Gross cash collection of NOK 775 million (575)
- up 35% y-o-y

Portfolio purchases of NOK 1,485 million* (340)
- up 337% y-o-y

Total gross ERC at end of quarter of NOK 18,153 million (9,852)
- up 84% y-o-y

(comparable figures for Q1 2017 in brackets)

B2H experienced record-strong cash collection and operational costs in line with
expectations in Q1 2018.

The Company acquired portfolios for NOK 1,485 million* during the quarter,
spread across all regions present with an overweight in SEE due to the Greek EUR
90 million portfolio disclosed in March 2018. In addition to the acquired
portfolios the Company entered the French market in March 2018 through the
acquisition of NACC which is one of the leading players in France. NACC
represents an increase in ERC by approx. EUR 115 million. Over the last 12
months, B2H has acquired portfolios for approx. NOK 5.3 billion (up 112% y-o-y)
and grown the total gross ERC to approx. NOK 18.2 billion (up 84% y-o-y).

The Company continues to see strong momentum in its main markets and a good
current pipeline.

Furthermore, B2H has completed an agreement with DNB Bank ASA, Nordea Bank AB
and Swedbank AB whereby the banks have increased the current Revolving Credit
Facility (RCF) by EUR 250 million, which includes refinancing of the existing
EUR 100 million Term Loan into the RCF. The margin structure is unchanged. The
new restated and amended RCF of EUR 510 million supports the Company's growth
ambitions going forward. Following the RCF increase, B2H has NOK 2,175 million
available for investments at the end of first quarter. A new bond issue will
increase the investment capacity accordingly.

* In addition to purchases in Q1, B2Holding will conclude 2 transactions in Q2
in the amount of EUR 120 million included in announced purchase of EUR 275
million in the trading update in Q1.
Se nyhetdetaljer og vedlegg (www.newsweb.no)

B2H:KJØPT GI CAPITAL SOLUTIONS I PORTUGAL MED 8 ANSATTE
Oslo (TDN Direkt): B2Holding har kjøpt 100 prosent av aksjene i GI Capital Solutions med 8 ansatte i Lisboa, Portugal, ifølge en melding onsdag.

Kjøpet vil gjøre det mulig for Verifica i Spania, et selskap B2H har kjøpt tidligere, å betjene eksisterende kunder i både Spania og Portugal innen tredjepartsgjeldsinndrivning, opplyses det.

TDN Direkt finans@tdn.no

TDN Direkt, +47 21 95 60 7055

All fornuft sier meg at kursen kommer til å fly i taket snart.

Relativt fersk på aksjer. Syntes selskapet ser spennende ut, men vanskelig å analysere. Har imidlertid inntrykk av at flere mener den er bull.

Raskt spørsmål: Dersom en kjøper utstedte lån verdt 150 kr for 100 kr - og enn så lenge får dekket inn 80 kr av lånet - så vil de på papiret stå i pluss? Men dersom de over flere år ikke får inn minst 20 kr til så vil de i realiteten gå i minus? Dersom et slikt resonnement stemmer er det vell vanskelig å si noe sikkert på om så "nytt" selskap?

Uansett; hadde satt pris på om noen kunne forklare selskapet på en fundamentalt nivå, og hvorfor en anser dette som en god investering :)

Takker for anledningen til å fylle glasset til randen til kurs 19.50 ??