Betsson considers issuance of new senior unsecured bonds
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 mandated Nordea as Global Coordinator and Nordea and Swedbank as Joint Bookrunners to arrange credit investor meetings commencing on 1 September 2023 to investigate the possibility to issue new EUR denominated senior unsecured bonds with a tenor of three years and an expected issue size of EUR 50-75 million. A capital markets transaction will follow, subject to market conditions.
The proceeds from the contemplated transaction will be used for general corporate purposes including acquisitions.
Gernandt & Danielsson Advokatbyrå KB has acted as legal counsel in relation to the contemplated transaction.
For further information, please contact:
Martin Öhman, CFO Betsson AB
[email protected]
This information is information that Betsson AB (publ) is obliged to make public pursuant to the Securities Markets Act (Sw. lagen (2007:528) om värdepappersmarknaden). The information was submitted for publication, through the agency of the contact person set out above, on 30 August 2023, 08.30 CEST.
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 B).