Axactor ASA has repurchased parts of the two outstanding bonds to reduce the
cost of funding. The repurchase is financed through drawing on the revolving
credit facility.
Transaction summary
- ACR02: EUR 20m nominal outstanding amount repurchased at an average price of
97.8% of par value
- ACR03: EUR 19m nominal outstanding amount repurchased at an average price of
89.4% of par value
The transactions will give a net one-time positive effect of approximately EUR
1.5m in the financial statement.
For additional information, please contact:
Kyrre Svae, Chief of Strategy & IR, Axactor ASA
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com