AXACTOR 21/26 FLRAXACTOR 21/26 FLRAXACTOR 21/26 FLR

AXACTOR 21/26 FLR

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Key terms


Outstanding amount
‪300.00 M‬EUR
Face value
10,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
8.83% (Variable)
Coupon frequency
Quarterly
Yield to maturity
14.82%
Maturity date
Sep 15, 2026
Term to maturity
1 year

About AXACTOR 21/26 FLR


Sector
Commercial Services
Industry
Miscellaneous Commercial Services
Home page
Issue date
Sep 15, 2021
ISIN
NO0011093718
Axactor ASA engages in the credit management service industry, which focuses on debt purchase and collection. The firm also collects and acquires non-performing loans from financial institutions. It operates through the Non-Performing Loans (NPL) and Third-Party Collection (3PC) segments. The NPL segment pertains to the investment in portfolios of non-performing loans and collects outstanding debt through amicable or legal proceedings. The 3PC segment focuses on debt collection services on behalf of third-party clients and helps creditors in the preparation of documentation for future legal proceedings against debtors. The company was founded by Johnny Tsolis on April 18, 1983 and is headquartered in Oslo, Sweden.
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