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Published on 8/28/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Axactor calls entire senior bond issue due January 2024 at 101

Chicago, Aug. 28 – Axactor SE called all of its outstanding issue of €300 million floating-rate senior bonds due in 2024 (ISIN: NO0010914666), as intimated by an earlier announcement.

The bonds were issued on Jan. 12, 2021.

The redemption is conditioned on the successful sale and issuance of a new offering, announced as priced on Friday.

Axactor is buying the outstanding bonds at 101 and accrued interest.

The redemption date will be Sept. 12.

Axactor is an Oslo-based debt collector.


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