Achilles announced revaluation tied to AxFina/DDM integration and ongoing refinancing preparationsERC revised up EUR ~98m to EUR 217m, NPL book value EUR +64m to EUR 138mAUM incl. 3PC volumes now EUR 507m (EUR +202m)Our view: uplift supportive, but proof in cash flow needed2026 bond refinancing remains key near-term catalyst
24 Sep 2025
Arctic Credit FLASH: DDM - Revaluation lifts asset coverage, but refinancing hinges on cash flow delivery
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Arctic Credit FLASH: DDM - Revaluation lifts asset coverage, but refinancing hinges on cash flow delivery
Achilles announced revaluation tied to AxFina/DDM integration and ongoing refinancing preparationsERC revised up EUR ~98m to EUR 217m, NPL book value EUR +64m to EUR 138mAUM incl. 3PC volumes now EUR 507m (EUR +202m)Our view: uplift supportive, but proof in cash flow needed2026 bond refinancing remains key near-term catalyst