Gaming Innovation Group Inc.
01/25/2022 | Press release | Distributed by Public on 01/25/2022 01:09
Gaming Innovation Group is contemplating a SEK bond tap issue
Tid25.01.2022, 07:00:14
MeldingsID551903
UtstederIDGIG
MarkedOslo Børs
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Gaming Innovation Group is contemplating a SEK bond tap issue
Gaming Innovation Group Inc. (together with its subsidiaries "GiG" or the
"Group") has mandated ABG Sundal Collier and Pareto Securities to arrange a
series of fixed income investor meetings and, subject to inter alia market
conditions, a SEK 100 million subsequent bond issue under the Group's existing
senior secured bond framework with ISIN NO0011017097 may follow.
The proceeds from the contemplated tap issue will be used towards partially
finance the acquisition of Sportnco Gaming SAS, that was announced in a press
release on 22 December 2021 at 08.00 CET, or general corporate purposes for GiG.
For further information please contact:
Tore Formo, Group CFO, [email protected]
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform and media
provider delivering world class solutions to our iGaming partners and their
customers. GiG's mission is to drive sustainable growth and profitability of
our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com
"Group") has mandated ABG Sundal Collier and Pareto Securities to arrange a
series of fixed income investor meetings and, subject to inter alia market
conditions, a SEK 100 million subsequent bond issue under the Group's existing
senior secured bond framework with ISIN NO0011017097 may follow.
The proceeds from the contemplated tap issue will be used towards partially
finance the acquisition of Sportnco Gaming SAS, that was announced in a press
release on 22 December 2021 at 08.00 CET, or general corporate purposes for GiG.
For further information please contact:
Tore Formo, Group CFO, [email protected]
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform and media
provider delivering world class solutions to our iGaming partners and their
customers. GiG's mission is to drive sustainable growth and profitability of
our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com