Unibet Group plc has today repaid the outstanding amount of EUR 65.8 million of the original EUR 100,000,000 9.70% Bonds 2007/2010, Series No. 1 (ISIN: SE0002275990) a year ahead of the original maturity, in accordance with Condition 9 of the terms and conditions for the Bond.
Through this early redemption of the Bond, Unibet expects to save EUR 4-5 million in Finance Costs compared to holding the Bonds to their original maturity in December 2010. This saving includes early redemption costs of approximately EUR 1.4 million in the fourth quarter of 2009.
For more information:
Telephone +44 208 545 6229 or +44 7887 996 116
Unibet was founded in 1997 and is an online gambling company is listed on NASDAQ OMX Nordic Exchange in Stockholm. Unibet is one of the largest privately-owned gambling operators in the European market and provides services in 27 languages through www.unibet.com. Today, Unibet has more than 3.8 million customers in over 100 countries. Unibet is a member of the EGBA, European Gaming and Betting Association, RGA, Remote Gambling Association in the UK and is certified by G4, Global Gaming Guidance Group.
In December 2007, Unibet acquired Maria Holdings (www.mariabingo.com), the largest online bingo operator in the Nordic market and in April 2008 Scandinavia´s largest trotting community, Travnet.
More information about Unibet Group plc can be found on www.unibetgroupplc.com
This information was brought to you by Cision http://www.cisionwire.com
The following files are available for download: