Axactor ASA: S&P changes Axactor’s credit Rating
26 Nov 2024 07:00 CET
Issuer
Axactor ASA
S&P has announced in a research update dated 25 November 2024 to downgrade
Axactor ASA's Rating from B to B– and change the Outlook from Stable to
Negative.
S&P states in the research update; We downgraded Axactor after we revised
downward our revenue and EBITDA projections, leading to somewhat higher leverage
than anticipated. The full research update from S&P is enclosed.
For further information, please contact:
Kyrre Svae, Chief of Strategy & IR, Axactor
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com
More information:
Access the news on Oslo Bors NewsWeb site
Source
Axactor ASA
Provider
Oslo Børs Newspoint
Company Name
AXACTOR ASA, Axactor SE 21/26 FRN EUR FLOOR C, Axactor ASA 23/27 FRN FLOOR C
ISIN
NO0010840515, NO0011093718, NO0013005264
Symbol
ACR
Market
Euronext Oslo Børs