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Betsson raises SEK1bn in oversubscribed bond issue

17th November 2016 9:03 am GMT

Stockholm-listed gaming operator Betsson has issued bonds worth a total of SEK1bn (€101.6m) to investors, with the proceeds to be partly used to continue the company’s successful acquisition strategy.

Betsson had mandated DNB Markets and Swedbank to arrange fixed income investor meetings this week, culminating in the issuance of SEK1bn senior unsecured bonds, due in 2019.

The proceeds will be used to facilitate Betsson's acquisition strategy, refinancing debt and general corporate purposes.

[...]

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