Krec stock: Best raises portfolio investments to PLN 453 million. What it means for Krec stock

Published on 10/23/2026 at 03:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BEST invested PLN 453 million through September 2026. Krec stock tracks PLN 237 million in third-quarter recoveries, up 12.00 percent.

Portfolio growth and merger context

On October 14, 2026, BEST opened a PLN 100 million bond offer with a possible increase to PLN 143.4 million.
In the third quarter of 2026, portfolio recoveries reached PLN 237 million, up 12.00 percent year over year.
On April 1, 2025, Kredyt Inkaso merged into BEST through a transfer of all assets and obligations.

Krec, PLKRINK00014, Illustration mit AI erstellt.

Krec (PLKRINK00014) is tied to BEST's PLN 453 million of investments in new debt portfolios after the first nine months of 2026. On October 14, 2026, Wirtualna Polska reported that BEST had opened a public bond offer of up to PLN 100 million, with an option to increase it to PLN 143.4 million.

BEST expands its debt portfolios

The operating figures give the former Kredyt Inkaso business a measurable place in BEST's expansion. In the third quarter of 2026, recoveries from managed portfolios reached PLN 237 million, up 12.00 percent from the same period a year earlier. After nine months, recoveries reached PLN 708 million, up 26.00 percent year over year, while investment in new portfolios totaled PLN 453 million, more than twice the year-earlier level, according to Wirtualna Polska.

Three dates define the transition

On April 1, 2025, Kredyt Inkaso merged into BEST through a transfer of all assets and obligations, as stated on the Kredyt Inkaso investor-relations page. On October 1, 2026, BEST's Romanian and Bulgarian businesses received new licenses, while the group reported PLN 276 million of first-half portfolio purchases, including more than PLN 48 million in Romania, according to Obligacyjny Inwestor. The October 14, 2026 bond offer and third-quarter figures complete the chronology.

What does the financing mean?

The bond program connects funding with portfolio growth. BEST said the AF4 offer could reach PLN 143.4 million and carries a margin of 2.90 to 3.10 percentage points above WIBOR 3M. The company also reported that net debt to equity stood at 1.20 at the end of June 2026, against a maximum permitted level of 2.50. That gives investors a concrete counterweight to the faster pace of acquisitions.

Next dates for the bond offer

Subscriptions for AF4 run from October 15 through October 28, 2026. BEST plans to announce the final margin and make a conditional allocation on October 29, 2026, according to Wirtualna Polska.

BEST now carries the operating story

The April 2025 merger means that the relevant operating developments for Krec are now reported through BEST, whose portfolio recoveries and acquisition spending set the measurable context for the former issuer. The investor-relations page directs current investor information to BEST and records the legal succession.