Le Lézard
Classified in: Science and technology
Subjects: ACC, MAT

Gaming Innovation Group issues new EUR/SEK dual tranche senior secured bonds


Reference is made to the press release dated 27 November 2023 regarding a contemplated bond issue. 

ST JULIANS, Malta, Dec. 6, 2023 /PRNewswire/ -- Gaming Innovation Group Plc., a wholly owned subsidiary of Gaming Innovation Group Inc., has successfully completed the issuance of new 3-year EUR 75 million equivalent senior secured bonds, split in a EUR 45m and a SEK 350m tranche, and with a combined borrowing limit of EUR 100m equivalent. The net proceeds will be used to call the existing SEK 550 million bond with ISIN: NO0011017097 in full (including call premium), partly finance the acquisition of KaFe Rocks and for general corporate purposes. A call notice for the existing SEK 550 million bond will be sent shortly.

An application will be made for the new bond to be listed on Nasdaq Stockholm and Frankfurt Stock Exchange Open Market. The transaction was well received among investors across the Nordics, continental Europe and the US, with participation in the placement from existing as well as new investors.

ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners in connection with placement of the new bond issue.

For more information, please contact:
Tore Formo, Group CFO, [email protected], +47 91668678

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group's vision is 'To be the industry leading platform, sportsbook and media provider delivering world class solutions to our iGaming partners and their customers.  GiG's mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker symbol GIGSEK. www.gig.com
 

 

SOURCE Gaming Innovation Group


These press releases may also interest you

at 15:00
Greenlite Ventures Inks Deal to Acquire No Limit Technology
Greenlite Ventures, Inc. has announced the signing of an Acquisition Agreement with No Limit Technology Holdings, Inc. (NLTH), an emerging powerhouse in the Sports Betting arena. The Agreement is scheduled to be finalized following a 30?45-day due...

at 14:55
mdf commerce Announces Completion of Acquisition by KKR
mdf commerce inc. ("mdf" or the "Company") , a SaaS leader in digital commerce technologies, is pleased to announce the closing of the previously announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving...

at 14:35
GEP GRABS TWIN HONORS FOR BEST PROCUREMENT CONSULTANCY AND PROCUREMENT TECHNOLOGY PROVIDER AT PRESTIGIOUS WORLD PROCUREMENT AWARDS
GEP®, a leading provider of AI-driven procurement and supply chain software and services to Fortune 500 and Global 2000 enterprises, won the top honor at the World Procurement Awards in London last night for Best Procurement Consultancy and, at the...

at 14:33
New Study in Nature Medicine Shows Novel Neuroprotective Drug Candidate Meets Primary Endpoint in Patients with Mild to Moderate Alzheimer's Disease
A study published today in Nature Medicine found that a novel neuroprotective drug candidate, LM11A-31, was safe and well-tolerated following dosing for 26 weeks in patients with mild to moderate Alzheimer's disease. LM11A-31 also slowed the...

at 14:25
Provation Partners With Al Naghi Medical in the UAE for Its Market-Leading Clinical Productivity Solution
Provation, the leading provider of healthcare software and SaaS solutions for clinical productivity, has announced its partnership with Al Naghi Medical Company LLC, a market leader in medical device and software distribution in the United Arab...

at 14:09
J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit
J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic...

More news about Science and technology...


News published on and distributed by: