$AXA #Axactor SE Axactor - Forward-looking impairments are likely in Q2: Bond covenant breach is our base case for Q2’20 Cash EBITDA down 1% ’20e, up 1% ’21e and 3% for ’22e Liquidity should be fine, trading at a steep discount – BUY https://t.co/FCQxlBiIjA #equity #stocks