Bondholder Information

Bondholder information

Core values which form the base for the financial strategy and a sustainable business:

• Strict cost control
• Reduction of debt
• Conservative approach to amortisation on acquired affiliates and capitalised expenses
• Reducing non-marketing related OPEX to achieve bottom line earning

In addition to a solid operating cash flow, external funding is facilitating acquisitions of affiliate markets, paying off existing working capital facilities and for general corporation purposes.

The funding strategy is built on the following principles:

• Funding is primarily raised by the parent company Gaming Innovation Group Plc.
• Type: senior secured funding
• Other funding types: diversified funding sources, EMTN program, SEC registered program, bilateral loans and bank funding
• Bank capacity is primarily allocated towards back-up facilities, local funding and trade related products

Bond programmes

The guarantors to the bonds, GiG Inc., Innovation Labs Limited, iGamingCloud Limited, MT Securetrade Limited, GiG Central Services Limited, Rebel Penguin Aps and iGaming Cloud N.V. (the issuer’s subsidiaries), are jointly and severally with the issuer and between themselves, guaranteeing the repayment of the nominal value of the bonds on the redemption date and of the interest amounts of the bonds on each interest payment date.

The 2021 bonds are listed on Frankfurt Stock Exchange Open Market. An application will be made for the listing of the bond on Nasdaq OMX Nordic in Stockholm.

Reports & Prospectus