Axactor and Reolux successfully close loan facility with Nomura for refinancing of REO portfolios
Oslo, 22 August 2018 Axactor and Reolux Holding S.à r.l ("Reolux") today announced the closure of the approximately EUR 96 million senior secured term loan facility with Nomura International plc ("Nomura") to refinance Reolux's existing Spanish Real Estate Owned (REO) investments, as previously reported. Nomura acted as Arranger for the facility. Endre Rangnes, CEO of Axactor, commented: "Closing of this transaction is an important milestone in establishing our funding structure and will enable significant future portfolio investments for Axactor. We are very pleased to announce the