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Innlegg av: Longsitinbulk (07.06.18 15:32 ), lest 425 ganger
Ticker: AXA

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AXA: Axactor acquires new portfolio in Sweden


Oslo, June 7th, 2018

Axactor Sweden has acquired an unsecured NPL portfolio originated by a large
Nordic Financial Institution. This one-off portfolio, which consists of three
different segments, includes both unsecured loans and micro loans. Total
Outstanding Balance (OB) is approximately 5,6 mEUR and consists of approximately
5700 accounts.

With this transaction we demonstrate once again our ability to deliver customer
value at a competitive level by operational excellence, says Fredrik Kessler,
Country Manager Axactor Sweden

The transaction will be financed by use of available cash existing credit

For additional information, please contact:
Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461

About Axactor
Axactor Group specializes in both Debt Collection and Debt Purchasing across
several countries, with operations in Italy, Germany, Norway, Sweden and Spain.
The company has a Nordic base and an ambitious Pan-European growth strategy,
which targets the market for non-performing loans (NPL) in Europe. This market
is estimated to be about 1,500 billion euros across Europe providing significant
opportunities for Axactors future expansion. Axactor has approximately 950

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