Embracer Group secures a new credit facility for M&A of SEK 3,0 billion
Embracer Group AB ("Embracer") has signed a new credit facility of SEK 3,0 billion on favorable terms with Nordea Bank with expiry in May 2022. With the new credit facility, total cash at hand and available credit facilities amount to more than SEK 11.5 billion SEK.The new credit facility improves Embracer's financial capacity and aligns with the previously announced financing policy, while keeping the average interest rate at less than 1 percent. Embracer targets a strong balance sheet to maintain maximum strategic flexibility. The new credit facility, together with the potential issuance