Gaming Innovation Group – Successful placement of a SEK 100 million bond tap issue

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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.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.