Axactor ASA: Successful placement of new senior unsecured bond issue

Axactor ASA ("Axactor") has successfully completed a new 4-year senior unsecured floating rate bond issue of EUR 125million. The bond will carry a coupon of 3m EURIBOR + 7.50%. The net proceeds from the bond issue will be used toreduce the outstanding amount of the “ACR03” bond loan (ISIN NO0011093718).

Arctic Securities, DNB Carnegie and Nordea acted as joint bookrunners in connection with the placement of the bond issue. An application will be made for the bonds to be listed on Oslo Børs.