Axactor ASA: Bond buy-back

Axactor ASA has repurchased parts of the two outstanding bonds to reduce the cost of funding. The repurchase is financed through drawing on the revolving credit facility.

Transaction summary
- ACR02: EUR 20m nominal outstanding amount repurchased at an average price of 97.8% of par value
- ACR03: EUR 19m nominal outstanding amount repurchased at an average price of 89.4% of par value

The transactions will give a net one-time positive effect of approximately EUR 1.5m in the financial statement.

For additional information, please contact:
Nina Mortensen, Chief Financial Officer, Axactor ASA
Tel: +47 975 24 236
E-mail: nina.mortensen@axactor.com