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Axactor SE Cancels Moody’s Credit Rating Agreement

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Axactor SE Cancels Moody’s Credit Rating Agreement

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Axactor SE ( (GB:0QIG) ) just unveiled an announcement.

Axactor SE has announced the cancellation of its credit rating agreement with Moody’s Investors Service to save costs and reduce administrative burdens. This decision comes as the company’s recent bond offerings have been smaller and targeted towards Nordic investors, reducing the demand for a corporate family rating. Axactor will maintain its rating with S&P Global, ensuring it remains a rated company.

More about Axactor SE

Axactor SE operates in the debt management industry, providing services such as debt collection and portfolio management, primarily focusing on the Nordic market.

Average Trading Volume: 416,445

Current Market Cap: NOK2.39B

For detailed information about 0QIG stock, go to TipRanks’ Stock Analysis page.

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