08 May 2017, 08:00 CEST

Axactor Group

Press release

Axactor increases existing loan facilities

On May 5, 2017 the 4th tranche under the Recurring Credit Facility which Axactor has with DNB Bank ASA and Nordea Bank AS was made available to the company.
Simultaneously the tranche was increased to EUR 45 million thereby increasing the available amount under the facility from EUR 100 million to EUR 120 million.

Furthermore NPL credit lines from regional banks in Italy have been increased to a total of EUR 55 million, and increase of EUR 25 million since the acquisition of CS Union.

For additional information, please contact:
Geir Johansen, CFO & Investor Relations, Axactor
Mobile phone: +4747710451
Email: geir.johansen@axactor.com