06 February 2017, 07:30 CET

Axactor Group

Stock notice

Axactor increases existing loan facility

On February 3, 2017 the 3rd tranche under the

EUR 100 million Recurring Credit Facility which Axactor has with DNB

Bank ASA and Nordea Bank AS was made available to the company, thereby

increasing the available amount under the facility from EUR 50 million

to EUR 75 million. After this event, an additional EUR 25 million is

remaining under the facility.

For additional information, please contact:

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +4747710451

Email: geir.johansen@axactor.com


Axactor is addressing a large non-performing loan (NPL)

market in Europe. The market is estimated to around EUR 1.5

trillion and with a solid growth rate. The main growth

factors are partly driven by regulatory changes, sales

of non-performing loans and an accelerating trend of

outsourcing debt collection to specialized companies.

Furthermore, we see a consolidation trend in the debt

collection/debt purchase industry. Axactor's main focus in

the credit management value chain will be: amicable and legal

collection, surveillance and acquisition of NPLs.

Axactor was established in 2015 and has approximately 900