Axactor Q4 2017 - The growth of Axactor continues
Highlights from the fourth quarter of 2017: - Significant entry into the Spanish REO (Real Estate Owned) market, taking control of REOs valued at EUR 147 million in two transactions in partnership with Geveran. - EUR 20 million deployed in NPL-portfolios in Italy, which represent Axactors largest quarterly portfolio investment in Italy. - Concluded the refinancing of current facility with DNB and Nordea which increased the facility by nearly EUR 200 million to EUR 350 million, including EUR 150 million in accordion options. - Gross Revenue of EUR 34.5 million (18.5) - EBITDA