Betsson successfully issues bonds of EUR 75 million
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE "SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.
Betsson AB (publ) (“Betsson”) has successfully issued senior unsecured bonds in a total amount of EUR 75,000,000 under a framework of up to EUR 250,000,000 with a tenor of three years, a floating interest rate of EURIBOR three months plus 460 bps and final maturity date in September 2026 (the “Bonds”). The net proceeds from the issue of the Bonds will be used towards general corporate purposes of the Group, including but not limited to acquisitions.
Comment from Martin Öhman, CFO Betsson AB: “The new bond provides us with additional financial flexibility and supports Betsson’s long-term strategy, which means continued investments to drive profitable growth.”
Nordea has acted as global coordinator and Nordea and Swedbank have acted as joint bookrunners in connection with the issue of the Bonds and Gernandt & Danielsson has acted as legal counsel.
For further information, please contact the Company at:
Pontus Lindwall, CEO and President Betsson AB
Martin Öhman, CFO Betsson AB
About Betsson AB
Betsson AB (publ) is a holding company that invests in and manages fast-growing companies within online gaming. The company is one of the largest in online gaming in Europe and has the ambition to outgrow the market, organically and through acquisitions. This should be done in a profitable and sustainable manner, and with local adaptations. Betsson AB is listed on Nasdaq Stockholm (BETS).