Net Gaming repays convertible loan early and calls for redemption of the entire remainder
Net Gaming Europe AB (publ) has reached agreement with existing owners of the convertible debenture loan for early redemption of all convertibles. The outstanding convertible loan will then cease to exist in Net Gaming.The agreement on early redemption means that SEK 13,999,941 will be converted into 3,111,098 new shares. In connection with this early conversion, existing convertible debenture holders will receive a coupon payment corresponding to just six months of interest instead of the original remaining fifteen months to October 2019. “I am pleased that we are now able to redeem the