Axactor ASA: S&P Outlook Revised to Stable from Negative, “B-“ Ratings is Affirmed

28 Nov 2025 11:52 CET

On November 27, 2025, S&P released a research update announcing that the outlook
for Axactor ASA’s ratings has been revised from negative to stable. In the same
update, S&P affirmed the company’s long-term issuer credit rating at ‘B-’.

The decision to revise the outlook reflects several important factors identified
by S&P. Notably, Axactor ASA’s capital structure has improved, underpinned by a
diversification in the company’s debt maturities. This positive development
means that Axactor ASA is not facing any significant debt maturities within the
next twelve months.

S&P concluded that the combination of a strengthened capital structure and the
lack of major near-term debt maturities has resulted in a reduced refinancing
risk for the company.


The research update from S&P is enclosed.


For further information, please contact:

Kyrre Svae, Deputy CEO & CSO, Axactor
Tel: +47 478 39 405
E-mail: kyrre.svae@axactor.com

More information:
Access the news on Oslo Bors NewsWeb site

660837_RatingsDirect_ResearchUpdate_Nov-27-2025.pdf