GiG, a leading online gaming company, recently announced the completion of a €45 million bond offering to fund its ambitious expansion plans. The bond offering was oversubscribed and attracted strong interest from both institutional and retail investors.

GiG has been rapidly expanding its presence in the online gaming industry, with a focus on providing players with an innovative and engaging gaming experience. The company has been investing heavily in new technology, marketing, and product development to ensure that it remains at the forefront of the industry.

The proceeds from the bond offering will be used to fund GiG’s continued expansion plans. This includes the development of new products and services, as well as the acquisition of additional gaming assets. The company also plans to use the funds to strengthen its balance sheet and increase its financial flexibility.

The bond offering was led by Goldman Sachs International and was supported by a syndicate of banks including Credit Suisse, UBS Investment Bank, and Barclays. The bonds have a maturity of five years and will pay an annual coupon of 2.75%.

The successful bond offering is a testament to the strength of GiG’s business model and its ability to attract investors. It is also a sign of the company’s commitment to continued growth and innovation in the online gaming industry. With the funds from the bond offering, GiG is well-positioned to continue its expansion plans and remain at the forefront of the industry.