MTG secures new SEK 1 billion unsecured revolving credit facility
Modern Times Group MTG AB (publ) (“MTG”) today announced that it has secured a new SEK 1 billion unsecured revolving credit facility with a 2-year tenor, with an option to extend for an additional year. The facility has been secured from DNB Bank, Nordea and Swedbank. The new facility replaces MTG’s previous SEK 1 billion, 2+1 year revolving credit facility, which was signed in July 2021 in conjunction with the acquisition of PlaySimple.MTG has a strong balance sheet and had a SEK 3.3 billion net cash position as per 31 March 2024. The group’s strong cash flows ensure that MTG retains a