26 May 2022, 09:21 CEST

Axactor Group

Axactor acquires a new portfolio

Acquisition of an unsecured portfolio in Spain

Axactor has acquired an unsecured portfolio with an outstanding balance of EUR 950 million from Banco Santander in Spain. The portfolio consist of old mortgage shortfalls. For further information, please click here (external article in Spanish).

Please note that the portfolio acquisition price is significantly lower than the outstanding balance.