FilingReader Intelligence
Axactor cancels Moody's rating agreement to cut costs
July 17, 2025 at 03:26 PM UTC•By FilingReader AI
Axactor ASA has cancelled its credit rating agreement with Moody's Investors Service, retaining only S&P Global to achieve cost savings and reduce administrative burdens.
The company said recent bond offerings have been smaller and primarily directed towards Nordic investors, diminishing perceived demand for multiple credit ratings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
OSL:ACR•Oslo Stock Exchange
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