Axactor closes two NPL transactions in Italy
Oslo, 2 May 2017 - Axactor has acquired another two unsecured NPL portfolios in Italy, the portfolios are Auto finance shortfalls, including unsecured claims with a total Outstanding Balance (OB) of approximately EUR22 million, across 2,500 cases. Both portfolio transactions are from Financial Institutions which Axactor has acquired from previously and Axactor is delighted to have been able to build on the existing relationships acquired through the purchase of C.S Union Spa in 2016. "These acquisitions demonstrate our ability to work closely with existing clients to grow the Axactor