Brief: Axactor Expands Relationship With Komplett Bank

Axactor ASA

24/02/2020 07:04

Feb 24 (Reuters) - Axactor SE  AXAC.OL :
    * AXACTOR EXPANDS EXISTING RELATIONSHIP WITH KOMPLETT BANK IN NORWAY
    * HAS ENHANCED THEIR EXISTING RELATIONSHIP WITH KOMPLETT BANK IN NORWAY, NEW AGREEMENT WILL
NOW
INCLUDE SERVICING OF CARDS AND LOANS, IN ADDITION TO ACQUIRING LOANS AFTER 180 DAYS IN 3PC.
    * NEW EXPECTED ACQUISITION VOLUME IS IN REGION OF 52MEUR PRINCIPAL OVER A 12 MONTH PERIOD.
    * THIS INVESTMENT WILL BE FINANCED BY AXACTOR'S AVAILABLE CASH AND OUR EXISTING CREDIT
FACILITIES.

Source text for Eikon:  ID:nObiDQmk0a 
Further company coverage:  AXAC.OL 

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