:INNGÅTT FORWARD FLOW-AVTALE, ÅRLIG VOLUM VENTET OVER EUR 7M

Volf
AXA 18.12.2017 kl 16:30 2462

AXA:INNGÅTT FORWARD FLOW-AVTALE, ÅRLIG VOLUM VENTET OVER EUR 7M
Oslo (TDN Direkt): Axactor har inngått en forward flow-avtale med Instabank om kjøp av usikrede forbrukslånfordringer. Årlig volum ventes å bli over syv millioner euro.

Det går frem av en melding fra selskapet mandag.

Avtalen ventes, i kombinasjon med flere nøkkelansettelser i portefølje-teamet i den norske delen av Axactor, å vesentlig øke bidraget fra denne delen av selskapet i 2018, ifølge meldingen.

Avtalen vil finansieres gjennom kontanter og nåværende kredittfasiliteter.

HB, finans@tdn.no
Redigert 19.01.2021 kl 12:23 Du må logge inn for å svare
Volf
18.12.2017 kl 16:32 2444

Axactor enters a Forward Flow agreement for unsecured non-performing loan (NPL) claims with Instabank ASA in Norway.
Axactor will acquire fresh unsecured Consumer lending claims, on a monthly
basis, from Instabank. The annual volume is expected to be over EUR7m, giving
Axactor further regular volumes on top of existing contracts already in place.
This deal in combination with several key hires into the Portfolio management
team within the Norwegian entity in Axactor, will significantly increase the
contribution the acquisition business makes to Norway in 2018.

Oddgeir Hansen, Interim Country Manager for Axactor commented "This deal clearly
demonstrates the increased focus from both Group and Local management on the
debt purchase product is paying off. The new hires in the portfolio team are
already delivering the changes needed to push Axactor onto a completely
different level. I welcome these additional volumes as well as further expected
portfolios to help drive significant growth in 2018."

This acquisition will be financed through Axactor's existing Cash and Credit
Facilities.


For further information, please contact:

Endre Rangnes
Chief Executive Officer
Mail: endre.rangnes@axactor.com
Tel: +46 8 402 28 00
Cell Phone: +47 48 22 11 11

Geir Johansen
Chief Financial Officer
Mail: geir.johansen@axactor.com
Cell Phone: +47 477 10 451


About Axactor
Axactor Group specializes in both Debt Collection and Debt
Purchasing across several countries, with operations in Italy,
Germany, Norway, Sweden and Spain. The company has a Nordic base
and an ambitious Pan-European growth strategy, which targets the
market for non-performing loans (NPL) in Europe. This market is
estimated to be about 1,500 billion euros across Europe providing
significant opportunities for Axactor's future expansion. Axactor
has approximately 900 employees.
Se nyhetdetaljer og vedlegg (www.newsweb.no)
AksjeJohnsen
18.12.2017 kl 16:44 2422

Ikke store greine, men det er euro vi snakker om så er vel mellom 60-70 millioner kroner i året. Det har blitt en del slike og dette blir det faktisk penger av også :)
Volf
18.12.2017 kl 16:52 2406

Ja alt hjelper i en slunken kasse.