LINK Mobility Group Holding ASA - Successful placement of new senior unsecured bond issue
Reference is made to the stock exchange notice dated 30 November 2020 by LINK Mobility Group Holding ("LINK Mobility" or the "Company", and together with its subsidiaries the "Group" or "LINK"), one of Europe's leading providers of mobile messaging and CPaaS solutions, regarding a contemplated EUR bond issue.<br /> <br /> LINK has successfully completed the issuance of EUR 200 million senior unsecured bonds, with a EUR 350 million borrowing limit. The bond issue received strong demand from high quality institutional investors. Settlement is expected to be 15 December 2020, and the bonds will have 5 year tenor. <br /> <br /> The bonds have a fixed coupon of 3.375% p.a. An application will be made for the bonds to be listed on Oslo Børs. Net proceeds from the bond issue will be applied to refinance existing debt and for general corporate purposes including acquisitions. <br /> <br /> ABG Sundal Collier ASA and Danske Bank, Norwegian Branch acted as joint managers and bookrunners in connection with the placement of the new bond issue. AGP Advokater AS is acting as legal advisor to the Company in connection with the bond issue.<br /> <br /> For further information, please contact:<br /> <br /> Guillaume Van Gaver, CEO<br /> +33 6 32 25 91 25<br /> Email: guillaume.vangaver@linkmobility.com<br /> Email: press@linkmobility.com<br /> <br /> Thomas Berge, CFO, <br /> +47 41 31 90 28<br /> Email: thomas.berge@linkmobility.com<br /> Email: press@linkmobility.com<br /> <br /> <br /> About LINK Mobility<br /> <br /> LINK Mobility is one of Europe's leading providers of mobile messaging and CPaaS solutions, based on volume of messages, for customer engagement serving enterprise, SME and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, platforms and users. As of 30 June 2020, the Group had more than 33,000 customer accounts across Europe and in 2019, LINK exchanged 9.5 billion messages. LINK Mobility is listed on the Oslo Stock Exchange with ticker "LINK". For more information about LINK, see www.linkmobility.com.<br /> <br /> This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.