Axactor ASA: Summons to Bondholders’ Meeting
Axactor ASA ("Axactor"), rated B (Stable) by S&P and B1 (Positive) by Moody’s, has requested Nordic Trustee AS to summon to Bondholders' Meeting (the “Summons”) for its outstanding bond issue with ticker “ACR03” (ISIN NO0011093718), with the purpose of amending the Interest Coverage Ratio and Total Secured Loan to Value Ratio covenants. The Bondholders' Meeting will be held on Thursday, 31 August 2023. For further background and details of the proposed resolution, please see the attached Summons. Arctic Securities, DNB Markets and Nordea have been engaged as financial advisors for