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Stillfront Group AB ( (SE:SF) ) has issued an announcement.
Stillfront Group AB has raised SEK 1 billion through a new issue of senior unsecured bonds under a SEK 2 billion framework, bearing a floating rate of 3‑month Stibor plus 500 basis points and maturing on 7 April 2030. The company plans to list these bonds on Nasdaq Stockholm’s corporate bond market, reinforcing its access to capital markets and extending its debt maturity profile.
The proceeds will be used to refinance its outstanding 2027 floating rate bonds and for general corporate purposes, with SEK 568.75 million of those bonds already repurchased via a tender offer. Remaining outstanding bonds will be redeemed early at a premium price of 101.3825 percent plus accrued interest, after which they will be delisted, simplifying Stillfront’s debt structure and potentially lowering financing risk for stakeholders.
The most recent analyst rating on (SE:SF) stock is a Sell with a SEK4.00 price target. To see the full list of analyst forecasts on Stillfront Group AB stock, see the SE:SF Stock Forecast page.
More about Stillfront Group AB
Stillfront Group AB is a Stockholm-based global games company that develops digital titles played by around 35 million people each month. Its portfolio ranges from established franchises such as BIG, Jawaker and Supremacy to niche games across multiple genres, with key markets in the U.S., Japan, MENA, Germany and the UK, and its shares listed on Nasdaq Stockholm.
Average Trading Volume: 2,562,314
Technical Sentiment Signal: Sell
Current Market Cap: SEK1.96B
For a thorough assessment of SF stock, go to TipRanks’ Stock Analysis page.