Gaming Innovation Group contemplating a SEK 100mn bond tap issue

Gaming Innovation Group contemplating a SEK 100mn bond tap issue

OSLO, NORWAY: Gaming Innovation 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 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.

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 iGaming partners and their customers. GiG’s mission is to drive sustainable growth and profitability of 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.

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