April 10, 2018 / 7:38 AM / in 5 months

BRIEF-Axactor Enters Into Forward Flow Agreement With Swedish Consumer Bank

April 10 (Reuters) - AXACTOR AB (PUBL):

* AXACTOR ENTERS INTO FORWARD FLOW AGREEMENT WITH SWEDISH CONSUMER BANK

* HAS ENTERED INTO A 24 MONTHS FORWARD FLOW CONTRACT WITH A SWEDISH CONSUMER BANK

* CLAIMS WILL BE ACQUIRED ON A MONTHLY BASIS, AND AXACTOR ESTIMATES ANNUAL OUTSTANDING BALANCE TO BE BETWEEN 3 AND 4 MEUR.

* INVESTMENTS WILL BE FINANCED THROUGH AXACTOR’S AVAILABLE CASH AND OUR EXISTING CREDIT FACILITIES. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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