Betsson AB has successfully placed senior unsecured bonds in the total amount of SEK 1,000,000,000 under a framework of SEK 2,500,000,000. The bonds have a tenor of three years and a floating interest rate of STIBOR three months plus 400 bps and will mature on September 26, 2022.

Betsson intends to apply for listing of the New Bonds on the corporate bond list of Nasdaq Stockholm.

“There has been a strong interest from a broad range of investors in the issue, which was heavily oversubscribed. We are also happy to see that the interest from large institutional investors throughout the Nordics has been much stronger than back in 2016 when issuing our first bond. It shows that we have the market’s support in our long-term strategy”, says Martin Öhman, CFO at Betsson AB.

Betsson further announces the results of the tender offer to the holders of Betsson’s outstanding senior unsecured floating rate bonds maturing on November 28, 2019 with ISIN SE0009320617 and outstanding amount of SEK 1,000,000,000.

The Tender Offer expired at 12:00 CEST on September 19, 2019. The Tender Offer has been accepted by holders of Bonds representing a total nominal amount of SEK 754,000,000.

Betsson will complete the Tender Offer and the price for the Bonds in the Tender Offer amounts to 100.70 per cent. of the nominal amount. Betsson will also pay accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the settlement date for the Tender Offer. Settlement date for the Tender Offer is expected to occur on September 26, 2019.