By Paul A. Harris
Portland, Ore., March 15 – Norway-based debt collector Axactor AB priced a €150 million issue of Euribor plus 700 basis points three-year senior floating-rate notes, according to Johnny Tsolis, the company's chief financial officer.
The spread came on top of spread talk heard earlier in the week, a London-based sellside source said.
DNB Markets and Nordea were the joint lead managers and joint bookrunners.
| Issuer: | Axactor AB
|
| Amount: | €150 million
|
| Maturity: | June 2021
|
| Securities: | Senior floating-rate notes
|
| Bookrunners: | DNB, Nordea
|
| Co-manager: | Arctic
|
| Coupon: | Euribor plus 700 bps
|
| Settlement date: | March 23
|
| Listing: | Oslo Bors
|
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