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Betsson AB (publ) has mandated Nordea and Swedbank as joint bookrunners to arrange investor meetings to investigate the possibility to issue a new senior unsecured bond with an expected initial minimum volume of SEK 500,000,000 and a tenor of 3 years, subject to market conditions.
“Betsson has the ambition to grow, organically and through acquisitions. This should be done in a profitable and sustainable manner, primarily in locally regulated markets and we continuously evaluate additional markets to grow in. With this planned bond issue, we secure financial flexibility to execute our long-term strategy”, says Pontus Lindwall, CEO and President of Betsson AB.
About Betsson Group:
With 17 brands, including Betsafe.com, Betsson.com, NordicBet.com and CasinoEuro, offering Sportsbook, Casino and other games, Betsson Group is one of the world’s largest gaming groups, at the heart of entertainment for over five decades. The company’s vision is to provide the best customer experience in the industry – listening to, and learning from, its customers, and then exceeding their expectations. Betsson Group is wholly owned by Betsson AB – listed on Nasdaq Stockholm Large Cap.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Betsson Plans To Issue A New Senior Unsecured Bond
