Brief: Axactor Completes New 5 Year Senior Unsecured Bond Issue Of EUR 300 Mln

Axactor ASA

03/09/2021 14:08

Sept 3 (Reuters) - Axactor SE  ACR.OL :
    * SUCCESSFUL PLACEMENT OF NEW SENIOR UNSECURED BOND ISSUE
    * HAS SUCCESSFULLY COMPLETED A NEW 5 YEAR SENIOR UNSECURED
BOND
ISSUE OF EUR 300 MILLION
    * BOND WILL BE RATED B3/B BY MOODY'S/S&P AND CARRY A COUPON
OF 3M
EURIBOR + 5.35%
    * NET PROCEEDS FROM BOND ISSUE WILL BE EMPLOYED TOWARDS
REPAYING
EXISTING DEBT FACILITIES AND GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nObi3VGVma 
Further company coverage:  ACR.OL 

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