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 RON100, with a maturity date on August 10, 2024, and a coupon of 10% per annum, payable half-yearly.
The funds obtained will be used to fund the business development strategy and the consolidation of the position in the industry. The private placement and the bonds listing were carried out with the support of Goldring.