ABG Sundal Collier acted as sole manager and bookrunner in connection with the SEK 250m tap issue of senior secured bonds by Gaming Innovation Group

Deal announcement

Gaming Innovation Group has tapped SEK 250m of its outstanding 7.0% senior secured bond with a borrowing limit of SEK 1,250m. The new outstanding amount will be SEK 650m post the tap issue. The tap issue was placed at a price of 101.5% which represents a yield of 6.44%, lowering GIG’s borrowing costs. The transaction was upsized from SEK 200m. The funds will be used for further acquisitions, mainly within the affiliate marketing segment.
 
ABG Sundal Collier acted as sole manager and bookrunner in the transaction.