June 19, 2017 / 2:06 PM / in 6 months

BRIEF-Axactor acquires unsecured Non Performing Loan (NPL) portfolio in Germany

June 19 (Reuters) - AXACTOR AB (PUBL):

* AXACTOR ACQUIRES UNSECURED NON PERFORMING LOAN (NPL) PORTFOLIO IN GERMANY

* INVESTMENTS WILL BE 100% FINANCED BY AXACTOR‘S EXISTING CASH AND CREDIT FACILITIES

* PORTFOLIO INCLUDES UNSECURED CLAIMS WITH A TOTAL OUTSTANDING BALANCE (OB) OF APPROXIMATELY EUR 32 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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