Tag Archives: Swedbank

Betsson secures SEK 1bn bond placement

Declaring an ‘oversubscribed placement’, Stockholm-listed Betsson AB has secured its target SEK €1 billion (€90 million) senior secured bond transaction. This September, Betsson governance moved to sanction a minimum SEK 500 million (€47 million) bond placement, led by Scandinavian investment banks Nordea and Swedbank acting as joint book-runners. The bonds, placed under a framework of SEK2.5bn, have a tenor of three years and will mature …

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Betsson seeks new debt bond to pursue future growth options

Stockholm-listed Betsson AB has announced that it will pursue issuing a new senior unsecured bond, seeking to raise minimum debt funding of SEK 500 million (€47 million) tp help the firm’s ongoing expansion initiatives. Updating investors, Betsson governance has instructed Scandinavian investment banks Nordea and Swedbank to act as joint book-runners, leading the transaction’s investment procedures. Betsson governance discloses that …

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Scout Gaming closes €4m new share placement driving US vision

Stockholm Nasdaq-listed B2B fantasy sports supplier Scout Gaming Group has confirmed that it has secured an additional SEK 42 million (€4 million) in working capital, following the execution of a successful new share placement, made available to institutional investors. Updating investors, the board of Scout Gaming details that it has closed a private 900,000 new share placement, in accordance with …

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Scout Gaming DFS targets December Stockholm First North IPO

Industry daily fantasy sports (DFS) systems provider Scout Gaming has published its Nasdaq First North corporate prospectus, as the company seeks to widen its investment pool in order fund its aggressive future growth strategy. Publishing its prospectus, Scout Gaming governance will initially offer 2.6 million new company shares on Stockholm’s Nasdaq First North market priced at SEK 23 per share, …

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M&A hungry Catena Media explores releasing €50 million in available funds

Stockholm Nasdaq-listed industry affiliate marketing network Catena Media has informed the market that it is reviewing funding options for its ongoing M&A strategy which the firm has executed throughout 2016 and 2017. Issuing a short corporate communication, Catena governance has informed that it may action a ‘tap issue’ to release €50 million funds from its secured maximum €100 million bond. …

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Betsson secures SEK €1 billion bond for furthering acquisition strategy

Updating the market Stockholm-listed European online gambling operator Betsson AB has confirmed that it has been approved an unsecured bond valued at SEK 1 billion (£86 million). Betsson governance detailed that the bond has a three-year tenure, maturing as of November 2019. At the start of this week, Betsson updated the market declaring that it had issued a mandate to …

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