Nordic debt manager Axactor raises $75m to finance new fund
Axactor, the Nordic debt management company, has raised Nkr598m ($75.3m) to part finance the creation of a new jointly-owned investment portfolio with John Fredriksen, the Norwegian-born oil tanker and shipping magnate.
At an offer price of Nkr2.49, the capital increase was priced flat to the closing price of Axactor on Friday, August 11. DNB Markets was bookrunner.
The private placement was directed at Geveran Trading, a company controlled by trusts created by Fredriksen, along with existing shareholders in Axactor.
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