December 18, 2017 / 1:57 PM / 6 months ago

BRIEF-Axactor Enters Agreement For Unsecured Non-Performing Loan

Dec 18 (Reuters) - Axactor Ab (Publ):

* AXACTOR ENTERS A FORWARD FLOW AGREEMENT FOR UNSECURED NON-PERFORMING LOAN

* ‍WILL ACQUIRE FRESH UNSECURED CONSUMER LENDING CLAIMS, ON A MONTHLY BASIS, FROM INSTABANK​

* ANNUAL VOLUME IS EXPECTED TO BE OVER EUR 7 MILLION

* ‍THIS ACQUISITION WILL BE FINANCED THROUGH AXACTOR’S EXISTING CASH AND CREDIT FACILITIES.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below