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LINK Mobility contemplating EUR 200 million bond issue

Posted on November 30, 2020November 30, 2020
LINK Mobility contemplating EUR 200 million bond issue 1
Net proceeds from the bond issue will be applied to refinance existing debt and for general corporate purposes including acquisitions.

OSLO: LINK Mobility Group Holding ASA, one of Europe’s leading providers of mobile messaging and CPaaS solutions, has mandated ABG Sundal Collier ASA and Danske Bank to arrange a series of fixed income investor calls commencing on 1 December 2020.

A 5-year senior unsecured fixed rate bond issue of up to EUR 200 million may follow, subject to inter alia market conditions. Net proceeds from the bond issue will be applied to refinance existing debt and for general corporate purposes including acquisitions.

LINK Mobility is one of Europe’s leading providers of mobile messaging and CPaaS solutions, based on volume of messages, for customer engagement serving enterprise, SME and government customers.

LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, platforms and users. As of 30 June 2020, the Group had more than 33,000 customer accounts across Europe and in 2019, LINK exchanged 9.5 billion messages. LINK Mobility is listed on the Oslo Stock Exchange with ticker “LINK”.

www.linkmobility.com

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