10 April 2018, 08:00 CEST
Axactor enters into forward flow agreement with Swedish consumer bank
Axactor has entered into a 24 months forward flow contract with a Swedish consumer bank. The claims will be acquired on a monthly basis, and Axactor estimates the annual outstanding balance to be between 3 and 4 mEUR.
The investments will be financed through Axactor's available cash and our existing credit facilities.
For additional information, please contact:
Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461