Axactor Sweden adds a new FF agreement with Lendify

Oslo, June 6th, 2019

Axactor Sweden, has entered into a new FF agreement with Lendify. The FF contract will last 24 months, generating a total estimated principal value of 15 mEUR across 1.250 claims. The claims are all fresh and the contract is expected to start in September.

Lisa Sohtell, country manager Sweden, commented “The team are delighted to have been able to close this new FF agreement in addition to the one off closed earlier in the year.”

This acquisition will be financed through Axactor’s existing cash and credit facilities.

For additional information, please contact:

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