{"id":5633,"date":"2023-09-07T06:43:20","date_gmt":"2023-09-07T06:43:20","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/09\/07\/betsson-eyes-expansion-with-80m-bond-issue-for-future-acquisitions\/"},"modified":"2023-09-07T06:43:20","modified_gmt":"2023-09-07T06:43:20","slug":"betsson-eyes-expansion-with-80m-bond-issue-for-future-acquisitions","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/09\/07\/betsson-eyes-expansion-with-80m-bond-issue-for-future-acquisitions\/","title":{"rendered":"Betsson Eyes Expansion with $80M Bond Issue for Future Acquisitions"},"content":{"rendered":"<div>\n<p>Betsson, fresh from its <a href=\"https:\/\/igaming.org\/casino-news\/betsson-group-obtains-license-for-serbian-gambling-market-entry\/\">debut<\/a> in Serbia, has outlined its plans to grow further through strategic acquisitions. The gambling group successfully issued bonds worth EUR 75 million, approximately $80.4 million, to aid its merger and acquisition (M&#038;A) pursuits.<\/p>\n<p>This bond issue comes under a broader scope allowing the company to raise up to EUR 250 million, which equates to about $267 million. The bond will operate on a three-year tenor, coupled with a floating interest rate determined by the EURIBOR of three months plus 460 bps. The company set the bond\u2019s maturity date for September 2026.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow noopener\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/record.revmasters.com\/_a1BXbZV3uxxVQ9qiBeFuTWNd7ZgqdRLk\/1\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>It\u2019s worth noting that Nordea took the reins as the global coordinator for this venture. Furthermore, both Nordea and Swedbank were instrumental in the bond issue, acting together as bookrunners. Offering legal expertise for the bond issue was Gernandt &#038; Danielsson.<\/p>\n<p>The generated funds aren\u2019t strictly reserved for acquisitions. Betsson aims to allocate these resources for a broad spectrum of company objectives. Martin \u00d6hman, Betsson\u2019s CFO, shed light on the company\u2019s vision. He mentioned, \u201cThe new bond provides us with additional financial flexibility and supports Betsson\u2019s long-term strategy, which means continued investments to drive profitable growth.\u201d<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/betsson-eyes-expansion-with-80m-bond-issue-for-future-acquisitions\/\">Betsson Eyes Expansion with $80M Bond Issue for Future Acquisitions<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Betsson, fresh from its debut in Serbia, has outlined its plans to grow further through strategic acquisitions. The gambling group successfully issued bonds worth EUR 75 million, approximately $80.4 million, to aid its merger and acquisition (M&#038;A) pursuits. This bond issue comes under a broader scope allowing the company to raise up to EUR 250 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5633","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=5633"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5633\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=5633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=5633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=5633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}