October 13, 2016 / 6:06 AM / in 9 months

BRIEF-Axactor: private placement successfully completed

1 Min Read

Oct 13 (Reuters) - Axactor AB :

* Raised 598 million Norwegian crowns ($75 million) in gross proceeds through a private placement consisting of 230 million new shares at a price of 2.60 crowns per share

* Net proceeds from private placement will be used for acquisitions of non-performing loan portfolios Source text for Eikon:

Further company coverage: ($1 = 8.0919 Norwegian crowns) (Gdynia Newsroom)

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