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Gaming Innovation Group

Gaming Innovation Group

GIG: Gaming Innovation Group successfully issues subsequent senior secured bonds of EUR 15 million

19:00 / 18 June 2024 Gaming Innovation Group Press release

Reference is made to the announcement from Gaming Innovation Group Inc. ("GiG")
on 17 June 2024.

Gaming Innovation Group Plc., a wholly owned subsidiary of GiG has successfully
completed a EUR 15 million subsequent senior secured bond issue under its
existing EUR-tranche bond loan with ISIN NO0013024018 (the "EUR-tranche").
Following the subsequent bond issue, the outstanding amount of the bond is EUR
90 million equivalent, including the SEK tranche with ISIN NO0013095687 ("the
SEK-tranche"). The proceeds from the contemplated tap issue will be used towards
financing the acquisition of CasinoMeister, that was announced in a press
release on 3 June at 08:00 CEST, and general corporate purposes for GiG.

The transaction was very well received among investors across the Nordics,
continental Europe and the US, with both existing as well as new investors
participating in the placement, resulting in a significant oversubscription and
a subsequent bond issue price of 103.75% of par.

ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners
in connection with the subsequent bond issue.

For further information, please contact:
Tore Formo, Group CFO,, +47 91668678

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform, sportsbook
and media provider delivering world class solutions to our iGaming partners and
their customers.  GiG's mission is to drive sustainable growth and profitability
of our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK.
Oslo Børs

This information was distributed by Oslo Børs