Axactor ASA: Fixed income investor meetings
Axactor ASA ("Axactor"), rated B (Stable) by S&P and B1 (Positive) by Moody’s, has mandated Arctic Securities, DNB Markets and Nordea to arrange a series of fixed income investor meetings commencing Friday, 18 August 2023. A new 4-year senior unsecured floating rate bond issue of NOK 2 billion (expected) may follow, subject to inter alia market conditions.
In connection with the potential new bond issue, Axactor will offer a conditional buyback of its outstanding bond with ticker "ACR02" due 12 January 2024 (ISIN NO0010914666), which will be contingent upon subscription in the new bond.