LeoVegas contemplates to issue a senior unsecured bond and communicates a leverage target

In conjunction with the transaction, LeoVegas publishes that the leverage ratio (net debt to adjusted EBITDA) shall not, over the long term, exceed 1.0x. However, LeoVegas may, under certain circumstances, choose to exceed this level during short time periods in connection with, for instance, larger acquisitions or other strategic initiatives. LeoVegas' existing long-term financial targets are unchanged which include: "With this, we ensure a long-term and stable financing for...

STOCKHOLM, 27/11/2020 (informazione.news - comunicati stampa - varie)

In conjunction with the transaction, LeoVegas publishes that the leverage ratio (net debt to adjusted EBITDA) shall not, over the long term, exceed 1.0x. However, LeoVegas may, under certain circumstances, choose to exceed this level during short time periods in connection with, for instance, larger acquisitions or other strategic initiatives.

LeoVegas' existing long-term financial targets are unchanged which include:

for further information, please contact:

+46 (0) 8 410 367 66, gustaf.hagman@leovegasgroup.com

+356 993 942 68, stefan.nelson@leovegasgroup.com

+46 73 512 07 20, philip.doftvik@leovegasgroup.com

About leovegas mobile gaming group:

LeoVegas vision and position is "King of Casino". The global group LeoVegas Mobile Gaming Group offers games on Casino, Live Casino, Bingo and Sport. The parent company LeoVegas AB (publ.) is located in Sweden and its operations are mainly located in Malta. The company's shares are listed on Nasdaq Stockholm. www.leovegasgroup.com

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https://news.cision.com/leovegas-mobile-gaming-group/r/leovegas-contemplates-to-issue-a-senior-unsecured-bond-and-communicates-a-leverage-target,c3243761

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