Axactor has signed an agreement to acquire EUR 221 million Non Performing Loan (NPL) portfolio in Spain
Oslo, 17. Mars 2016 - Axactor has signed an agreement to acquire a NPL portfolio originally generated by a large Spanish consumer finance institution. The portfolio includes unsecured and secured loans with a total Outstanding Balance (OB) of approximately EUR 221 million, with more than twenty-five thousand open accounts of individuals and a solid paying book. Axactor will pay around 6.9% of the Outstanding Balance. "This is Axactor's 3rd major portfolio acquisition in Spain in less than 50 days, and is an evidence of our competitiveness and strong position in this