May 2, 2017 / 2:13 PM / 4 months ago

BRIEF-Axactor closes two NPL transactions in Italy

May 2 (Reuters) - AXACTOR AB (PUBL):

* HAS ACQUIRED ANOTHER TWO UNSECURED NPL PORTFOLIOS IN ITALY

* PORTFOLIOS ARE AUTO FINANCE SHORTFALLS, INCLUDING UNSECURED CLAIMS WITH A TOTAL OUTSTANDING BALANCE (OB) OF APPROXIMATELY EUR22 MILLION, ACROSS 2,500 CASES

* INVESTMENTS WILL BE 100% FINANCED BY AXACTOR'S EXISTING CREDIT FACILITIES PROVIDED BY COMPANY'S ITALIAN BANKING PARTNERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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