Brief: Axactor Enters Forward Flow Agreement With Existing Client

Axactor ASA

05/09/2019 06:34

Sept 5 (Reuters) - Axactor SE  AXAC.OL :
    * AXACTOR ENTERS NEW FORWARD FLOW AGREEMENT WITH AN EXISTING
CLIENT IN THE
    * EXPANDS AN EXISTING NORDIC RELATIONSHIP TO INCLUDE
UNSECURED
CONSUMER LOANS IN NORWAY
    * CONTRACT PERIOD IS FOR 18 MONTHS, STARTING IN JANUARY 2020
    * INVESTMENT WILL BE FINANCED BY AXACTOR'S AVAILABLE CASH
AND OUR
EXISTING CREDIT FACILITIES
    * ANNUAL VOLUME EXPECTED TO BE CLOSE TO 44MEUR ACROSS 2.750
CLAIMS

Source text for Eikon:  ID:nObikbKS8a 
Further company coverage:  AXAC.OL 

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