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Axactor Mulls EUR50 Million Senior Bonds Tap Issue

MT Newswires·08/24/2026 01:33:18
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01:33 AM EDT, 08/24/2026 (MT Newswires) -- Axactor (ACR.OL) is considering a tap issue of 50 million-euro senior unsecured bonds due Aug. 22, 2030, according to a Monday release. The debt management company will use the proceeds to refinance its existing debt, including the outstanding Norwegian-kroner-denominated ACR04 bond due Sept. 7, 2027, and for general corporate purposes. The company also plans to repurchase its outstanding ACR04 senior unsecured bond, subject to completion of the tap issue. Arctic Securities, DNB Carnegie and Nordea will act as joint lead managers to arrange a series of fixed-income investor meetings in connection with the potential issue.