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Betsson AB Announces Bond Issuance and Tender Offer Strategy

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Betsson AB Announces Bond Issuance and Tender Offer Strategy

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Betsson AB ( ($SE:BETS.B) ) just unveiled an update.

Betsson AB is considering issuing new senior unsecured bonds worth EUR 75 million to refinance existing bonds and support general corporate purposes, including acquisitions. The company has announced a conditional tender offer for its existing bonds due in 2026, with plans for early redemption if the new bond issuance is successful, potentially impacting its financial strategy and stakeholder interests.

The most recent analyst rating on ($SE:BETS.B) stock is a Buy with a SEK157.00 price target. To see the full list of analyst forecasts on Betsson AB stock, see the SE:BETS.B Stock Forecast page.

More about Betsson AB

Betsson AB is a prominent player in the online gaming industry, recognized as one of the leading online gaming groups globally. The company is committed to achieving growth that surpasses the market average, both organically and through acquisitions, while maintaining profitability and sustainability. Betsson AB is publicly traded on Nasdaq Stockholm Large Cap under the ticker BETS-B.

YTD Price Performance: 3.24%

Average Trading Volume: 341,736

Technical Sentiment Signal: Buy

Current Market Cap: SEK19.64B

See more data about BETS.B stock on TipRanks’ Stock Analysis page.

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