17 August 2023, 07:00 CEST

Axactor Group

Press release

Axactor ASA: Summons to Bondholders’ Meeting

Axactor ASA ("Axactor"), rated B (Stable) by S&P and B1 (Positive) by Moody’s, has requested Nordic Trustee AS to summon to Bondholders' Meeting (the “Summons”) for its outstanding bond issue with ticker “ACR03” (ISIN NO0011093718), with the purpose of amending the Interest Coverage Ratio and Total Secured Loan to Value Ratio covenants.

The Bondholders' Meeting will be held on Thursday, 31 August 2023.

For further background and details of the proposed resolution, please see the attached Summons.

Arctic Securities, DNB Markets and Nordea have been engaged as financial advisors for Axactor in the amendment process.

For additional information, please contact:
Johnny Tsolis, CEO, Axactor
Tel: +47 913 35 461

Kyrre Svae, Chief of Strategy & IR, Axactor
Tel: +47 478 39 405

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

Axactor ASA - Summons to Bondholders Meeting - 17 August 2023