Stockholm-listed gaming operator Cherry has issued a €50m senior secured bond to be used to partially finance its acquisition of a 49 per cent stake in ComeOn Malta.
Cherry agreed to acquire the initial stake in ComeOn for €80m in May, with an option to acquire the remaining 51 per cent for up to €200m, exercisable between October 1st and December 31st this year. Its purchase of the 49 per cent stake is expected to be completed this [...]