12 August 2022, 11:38 CEST
Axactor ASA: Bond buy-back
Axactor ASA has repurchased parts of the two outstanding bonds to reduce the cost of funding. The repurchase is financed through drawing on the revolving credit facility.
- ACR02: EUR 20m nominal outstanding amount repurchased at an average price of 97.8% of par value
- ACR03: EUR 19m nominal outstanding amount repurchased at an average price of 89.4% of par value
The transactions will give a net one-time positive effect of approximately EUR 1.5m in the financial statement.
For additional information, please contact:
Kyrre Svae, Chief of Strategy & IR, Axactor ASA
Tel: +47 478 39 405