Brief: Axactor Acquires Unsecured NPL Portfolio In Spain

Axactor ASA

11/04/2019 07:39

April 11 (Reuters) - Axactor SE  AXAC.OL :
    * AXACTOR ACQUIRES UNSECURED NPL PORTFOLIO IN SPAIN
    * PURCHASE IS AN UNSECURED PORTFOLIO WITH AN UNPAID BALANCE
OF
APPROXIMATELY 77 MEUR ACROSS MORE THAN 20.000 CREDITS/LOANS
    * PORTFOLIO REPRESENTS FIRST SALE BY THIS FINANCIAL
INSTITUTION IN
SPANISH MARKET.
    * AXACTOR PLANS TO FINANCE THIS ACQUISITION BY USE OF
AVAILABLE
CASH EXISTING CREDIT FACILITIES.

Source text for Eikon:  ID:nObi25HRya 
Further company coverage:  AXAC.OL 

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