The decision to revise the outlook reflects several important factors identified by S&P. Notably, Axactor ASA’s capital structure has improved, underpinned by a diversification in the company’s debt maturities. This positive development means that Axactor ASA is not facing any significant debt maturities within the next twelve months.
S&P concluded that the combination of a strengthened capital structure and the lack of major near-term debt maturities has resulted in a reduced refinancing risk for the company.