25 August 2023, 07:00 CEST

Axactor Group

Press release

Axactor ASA: Successful placement of new senior unsecured bond issue

Axactor ASA (“Axactor”), rated B1 (Positive) / B (Stable) by Moody’s/S&P, has successfully completed a new 4-year senior unsecured bond issue of NOK 2,300 million. The bond will carry a coupon of 3m NIBOR + 8.25%. The net proceeds from the bond issue will be used to call the remaining outstanding amount of “ACR02” (ISIN NO0010914666) and for general corporate purposes. An application will be made for the bonds to be listed on Oslo Stock Exchange.

Concurrently with the new bond issue, Axactor has repurchased approximately EUR 49.6 million in the outstanding bond issue "ACR02".

Arctic Securities, DNB Markets and Nordea acted as Joint Lead Managers in connection with the placement of the bond issue.

For additional information, please contact:

Johnny Tsolis, CEO, Axactor
Tel: +47 913 35 461
E-mail: johnny.tsolis@axactor.com

Kyrre Svae, Chief of Strategy & IR, Axactor
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com

To learn more about Axactor, visit www.axactor.com