Gaming Innovation Group – Successful placement of a SEK 100 million bond tap issue
Reference is made to the announcement from Gaming Innovation Group Inc. on 25 January 2022.
Gaming Innovation Group Inc. (together with its subsidiaries “GiG” or the “Group”) has successfully completed a SEK 100 million subsequent bond issue under the Group’s existing senior secured bond framework with ISIN NO0011017097. Following the subsequent bond issue, the outstanding amount of the bond is SEK 550 million.
The proceeds from the tap issue will be used towards partially financing of the acquisition of Sportnco Gaming SAS, that was announced in a press release on 22 December 2021, or general corporate purposes for GiG.
ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners in connection with the tap issue.
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