Stillfront contemplates issuance of a new bond loan and investigates the possibility for securing a new bank financing package

October 25, 2018

 

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October 25, 2018

Stillfront contemplates issuance of a new bond loan and investigates the possibility for securing a new bank financing package

Stillfront Group AB (publ) (“Stillfront” or the “Company”) has mandated Carnegie, SEB and Swedbank to explore the conditions for the Company to refinance its outstanding 2017/2020 bond loan early through the issuance of a new bond loan. Stillfront further investigates the possibility of securing a new bank financing package and refinancing of its current bank facility.

As part of the refinancing of the outstanding bond loan the Company has decided to no later than November 5, 2018, publish its preliminary figures for net revenues and adjusted EBITDA for the third quarter of 2018, and between November 7 and November 9, 2018, conduct a series of meetings with selected Nordic bond investors. Subject to market conditions, an issue of a 4-year SEK-denominated senior unsecured bond loan may follow.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Jörgen Larsson, CEO

Phone: +46 703 211 800

jorgen@stillfront.com

Sten Wranne, CFO

Phone: +46 705 851 258

sten@stillfront.com

ABOUT STILLFRONT

Stillfront is a group of independent creators, publishers and distributors of digital games – with a vision to become the leading group of indie game creators and publishers. Stillfront operates through ten near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany, Goodgame Studios in Germany and Imperia Online, Bulgaria. Stillfront’s games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com.

SELECTED GAMES

Stillfront’s portfolio includes games across multiple platforms. Unravel and Unravel Two are widely acclaimed console games developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Nida Harb III and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Imperia Online, is a MMO strategy game published on both browser and mobile platforms by Imperia Online.

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