Moody's downgrades AXA Financial's ratings following AXA's continued pursuit of a partial IPO
Rating Action: Moody's downgrades AXA Financial's ratings following AXA's continued pursuit of a partial IPO. Global Credit Research- 14 Nov 2017. New York, November 14, 2017-- Moody's Investors Service today has downgraded the insurance financial strength ratings of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America to A2 from A1, and downgraded the senior unsecured debt rating of AXA Financial Inc. to Baa2 from Baa1 reflecting the removal of one...Axactor AB (publ), formerly known as Nickel Mountain Group publ AB, is a Sweden-based company, which is primarily involved in the credit management service industry. The Company is focused on non-performing loan (NPL) sector that includes credit card debt, private leasing, residual mortgages, consumer loans, mortgages, secured loans with collateral, small business loans, among others. The Company is active within the debt purchase and debt collection area. It specializes in the amicable collection, legal collection, surveillance and recovery services. Axactor AB (publ) operates through its wholly owned subsidiary ALD Abogados SL, which is a Spain-based legal debt collection platform. The Company has a portfolio pipeline in Spain, Germany and Italy, among others.
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