Stanleybet Capital lists a new bond issue on the Multilateral Trading System of the Bucharest Stock Exchange
The bonds with the ticker symbol SBET29 have a fixed annual interest of 11%, with semi-annual payment, and reach maturity on February 13th, 2029.
The total number of bonds subscribed was 148,124, with a nominal value of 100 lei. In the initial public offering, held between 22.01.2025 and 10.02.2025, a total of 328 bondholders subscribed. The listing of the bonds was carried out with the support of Goldring as Intermediary.
According to Stanleybet, the funds raised in the new bond issue will be used to finance the business development strategy and strengthen the position in the industry, as follows: 30% of the funds will feed the marketing and promotion budget for Stanleybet’s online division; 30% of the funds will finance acquisitions of small players, as well as the expansion of the Stanleybet sports betting network, by opening new locations; 20% of the funds will allow entry into foreign markets, covering both operational and capital expenses; and 20% of the funds will support the retail (on-site) marketing and promotion plan.
“The return of Stanleybet to the Stock Exchange with its second bond listing demonstrates that the capital market represents a solid and viable source of financing for businesses from different fields of activity. The current bond issue was carried out through a public offering, which allowed Stanleybet to reach a wider audience and gain more visibility. We are glad that Stanleybet chose to finance itself through the Stock Exchange and we stand by them for future initiatives on the capital market,” said Radu Hanga, President of the Bucharest Stock Exchange.
“We are pleased to have returned to the BVB with our second bond issue and to have managed to maintain investor interest in conditions of global uncertainty and increased competition from the state through Fidelis programs. The Stanleybet bond offering proved to be a competitive investment alternative, both in terms of the characteristics of the instrument and Stanleybet Capital’s profile as a trusted issuer. We thank the investors who have chosen to support us once again.“, said Csaba Tanko, reprezentant Stanleybet.
“It is encouraging to see the capital market fulfilling its financing function, especially for sectors that have limited access to traditional financing solutions. This all the more so in the case of Stanleybet Capital S.A. which has proven to be a serious issuer with a vision validated by its financial track record, and responsible.
Stanleybet Capital S.A. is recommended, first and foremost, by its omnichannel business model, which confers flexibility and rapid adaptability under the impact of materializing external risk factors despite the size of the business. At the same time, the group structure, with an architecture that ensures a balance between the imperative of risk spreading and operational optimization, made us look with confidence at Stanleybet Capital S.A. bonds and come to investors with a solid investment opportunity.”, mentioned Virgil Zahan, CEO Goldring.
The current bond issue is Stanleybet’s second one. The first issue, with a private placement conducted in August 2021, attracted a total value of RON 20 million, with an annual interest of 10%. The repayment of the entire bond loan took place on the due date, in August 2024.
About Stanleybet
Stanleybet Capital S.A was established on December 4, 2020 as an entity with an integrative role for the business lines developed by the companies of the Game World group on the Romanian gambling and sports betting market. Game World is one of the oldest brands in the Romanian betting industry, having been present in Romania since 1999, while the Stanleybet brand has been operating in the country since 2004. Stanleybet comprises 9 integrated companies coordinated by Stanleybet Capital S.A. through a holding-type management: Game World Romania SRL, Westgate Romania SRL, Westgate Invest SRL, Acetech Development SRL, Alfastreet Trade SRL, Opossum Romania SRL. In turn, Westgate Romania SRL is the sole associate of Megabet International SRL, which represents the online business line, and the company Game World Exchange SRL and Olimpico Bar are directly owned by Game World Romania.
25.03.2025 / Editor, Andreea Dragan
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