Thursday | June 08, 2023 |
Market Status: CLOSED


The bonds issued by Stanleybet Capital will start trading on February 4


Bucharest Stock Exchange (BVB) informs that on Friday, February 4, will start trading the bonds issued by Stanleybet Capital worth RON 20mn. The bonds will be traded on the Multilateral Trading System under the ticker SBET24. The issuer is a holding company that integrates and coordinates a group of companies, respectively a network of sports betting agencies and slot machines, electronic casinos and sports betting and gambling in the online environment. The Stanleybet brand has been present in Romania since 2004, and the Game World brand has been present since 1999.

Stanleybet Capital sold 200,000 unsubordinated, non-convertible and unsecured corporate bonds in a private placement in early August 2021 to 127 investors. The bonds have a nominal value of RON 100, with a maturity date in August 10, 2024, and a coupon of 10% p.a., with semi-annual payment. The funds will finance the business development strategy and the consolidation of the position in the industry. The private placement and the bonds listing were carried out with Goldring’s support.

More information on the bonds issue is available here.