Axactor Group acquires large portfolio of consumer forward flow claims in Italy
Oslo, 19th June 2018 Axactor has entered 3 new forward flow agreements including a significant forward flow with a financial institution in Italy. The portfolios contain unsecured consumer claims with an outstanding debt value of 140 mEUR per annum across approximately 28.000 claims, with the contracts covering a 12month period. Massimiliano Ciferri, country manager Italy, commented "This forward flow demonstrates a significant increase in volumes coming into our Italian platform. It is also clear evidence we are now able to close large transactions in the Italian market, and with