Axactor enters into one of the largest NPL forward flow contracts in the Nordics
Oslo, April 17th, 2018Axactor has successfully negotiated one of the largest unsecured NPL forward flow contracts in the Nordics. The claims are originated by Komplett Bank in Norway and the contract has a duration of 18 months, plus an option to extend for a further 6 months. This contract is expected to generate an annual capex of circa 60 mEUR per annum when fully operational. The contract represents Axactor's largest forward flow acquisition to date and when combined with other transactions across the group, will secure significant revenue growth, especially in Axactor's unsecured