New Issue: Axactor sells €50 million tap of Euribor plus 700 bps notes due 2021

By Paul A. Harris

Portland, Ore., March 22 – Norway-based debt collector Axactor AB priced a €50 million add-on to its Euribor plus 700 basis points senior floating-rate notes due June 2021, according to a company press release.

Arctic Securities, DNB Markets and Nordea were the joint lead managers.

Issuer:	Axactor AB
Amount:	€50 million
Maturity:	June 2021
Security description:	Add-on to Euribor plus 700 bps senior floating-rate notes due June 2021
Bookrunners:	Arctic Securities, DNB Markets and Nordea
Coupon:	Euribor plus 700 bps
Announcement date:	March 22
Settlement date:	March 26
Total issue size:	€200 million

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