Chicago, Dec. 6 – Gaming Innovation Group issued €75 million equivalent of three-year senior secured bonds, divided into two tranches, according to a news release.
The €45 million and SEK 350 million tranches have a combined borrowing limit of €100 million equivalent.
Proceeds will be used to call an existing SEK 550 million bond in full, partly finance the acquisition of KaFe Rockas and for general corporate purposes.
ABG Sundal Collier and Pareto Securities were the joint managers and bookrunners.
The gaming technology group operates out of Malta.
Issuer: | Gaming Innovation Group
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Amount: | €45 million, SEK 350 million
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Issue: | Senior secured bonds
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Tenor: | Three years
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Bookrunners: | ABG Sundal Collier and Pareto Securities
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Announcement date: | Dec. 6
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