Axactor acquires secured NPL Portfolio in Spain
Madrid, 10th May 2019 Axactor Spain has closed another transaction with a financial institution. The purchase is a secured portfolio with an unpaid balance of approximately 40mEUR, containing 276 claims with more than 300 first charge collaterals. The portfolio represents the first sale of secured credits by this financial institution in the Spanish Market. “Following a long period of focusing on unsecured NPL portfolios, Axactor is very pleased to close this small secured transaction, which originated from the same client as the recent unsecured portfolio closed in April. The