ABGSC acted as joint bookrunner in connection with the NOK 518m private placement in Axactor SE

On 5 February 2020, Axactor SE announced that it successfully raised NOK 518 million in gross proceeds through a private placement of 30 million new shares priced at NOK 17.25 per price. The private placement represented 19.3% of the outstanding share capital and was multiple times covered at the issue price.
The net proceeds from the Private Placement will be used to fund growth opportunities is the current attractive market for portfolio purchases as well as for general corporate purposes.