Stillfront announces extension of its unsecured EUR 60 million term loan facility agreement with Swedish Export Credit Corporation (SEK)
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Sällanköp |
| Industri | Gaming |
Stillfront has extended its unsecured term loan facility agreement of EUR 60 million with Swedish Export Credit Corporation (SEK) as lender, by an additional year. The extension is made at the same terms and conditions as the original term loan facility agreement, which was signed in September 2022. The original four (4) years term has now been extended by one (1) additional year until September 2027. With the extension, Stillfront ensures continued cost-effective financing and financial flexibility, while improving the maturity profile of its debt portfolio.
”We are pleased to have extended the term loan with Swedish Export Credit Corporation for an additional year since it further improves our maturity profile and we maintain a diversified financing platform,” says Andreas Uddman, CFO, Stillfront.
For additional information, please contact:
Andreas Uddman, CFO, Stillfront Group
Phone: +46 70 080 78 46
E-mail: andreas@stillfront.com
About Stillfront
Stillfront is a global games company. We develop digital games that are played by almost 50 million people each month. Our diversified portfolio spans well-established franchises like Big Farm, Jawaker and Supremacy, to smaller, niche games across our different genres. We believe gaming can be a force for good and we want to create a gaming universe that is digital, affordable, equal, and sustainable. Our HQ is in Stockholm, Sweden, but our game development is done by teams and studios all over the world. Our main markets are the US, Japan, MENA, Germany, and the UK. Stillfront's shares (SF) are listed on Nasdaq Stockholm. For further information, please visit: stillfront.com