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Stillfront Group secures a new unsecured revolving credit facility of SEK 2.5 billion

Stillfront has signed an unsecured revolving credit facility of SEK 2.5 billion with maturity in June 2027. The new credit facility gives Stillfront cost-effective financing, an increased financial flexibility, and a prolonged time to maturity.

The new revolving credit facility will replace the unsecured revolving credit facility of SEK 3.75 billion provided under the facilities agreement entered into in December 2020 and extended under its two-year extension option in November 2022.

“We are pleased to have secured a new credit facility at favorable terms, reflecting the continued trust and collaboration with our bank partners. This facility materially extends our maturity profile and marks the culmination of a comprehensive refinancing program executed over the past year, ensuring a robust and cost-efficient financing platform to support our long-term strategy”, says Andreas Uddman, CFO.

The facility is supported by DNB Bank ASA, Sweden Branch; Nordea Bank Abp, filial i Sverige; and Swedbank AB (publ). Mannheimer Swartling acted as legal advisor to 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 45 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

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Stillfront Group secures a new unsecured revolving credit facility of SEK 2.5 billion

Datum 2024-12-19, kl 17:45
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Stillfront Group secures a new unsecured revolving credit facility of SEK 2.5 billion
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