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 facilities.

For additional information, please contact:

Johnny Tsolis, CFO, Axactor
Mobile phone: +47 913 35 461
Email: johnny.tsolis@axactor.com