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Betsson AB ( ($SE:BETS.B) ) just unveiled an update.
Betsson AB has successfully issued new senior unsecured bonds worth EUR 75 million, which were significantly oversubscribed, indicating strong investor confidence. The company also announced a tender offer and early redemption plan for its existing bonds, which will be fully redeemed and de-listed from Nasdaq Stockholm, reflecting a strategic financial restructuring.
The most recent analyst rating on ($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 growing faster than the market through both organic growth and acquisitions, aiming for profitable and sustainable expansion. Betsson AB is publicly listed on Nasdaq Stockholm Large Cap.
Average Trading Volume: 343,721
Technical Sentiment Signal: Buy
Current Market Cap: SEK19.67B
For a thorough assessment of BETS.B stock, go to TipRanks’ Stock Analysis page.