Axactor has reached an agreement with its lending banks on all principal terms relating to the extension of the Group’s EUR 545 million senior secured revolving credit facility. The agreement provides an extension of the maturity date for the RCF from June 2026 to June 2028. All other aspects of the facility remain unchanged.
“I am proud that we continue to secure funding on compelling terms, and this extension is an important milestone in maintaining our funding structure. The agreement is the result of our thriving relationship with the banks” says Johnny Tsolis, CEO of Axactor.
Axactor has reached an agreement with its lending banks on all principal terms relating to the extension of the Group’s EUR 545 million senior secured revolving credit facility. The agreement provides an extension of the maturity date for the RCF from June 2026 to June 2028. All other aspects of the facility remain unchanged.
“I am proud that we continue to secure funding on compelling terms, and this extension is an important milestone in maintaining our funding structure. The agreement is the result of our thriving relationship with the banks” says Johnny Tsolis, CEO of Axactor.
*EBITDA and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements as a part of the APM section on page 36-38 of the third quarter financial report.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Kyrre Svae, Chief of Strategy & IR at Axactor ASA, on 31 October 2024 at 07:00 CET.
