Gambling.com Group Secures New $50 Million Credit Facility
Gambling.com Group Limited - Ordinary Shares (GAMB)
Company Research
Source: Business Wire
CHARLOTTE, N.C.--(BUSINESS WIRE)--Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, today announced the closing of a new credit facility (the “Credit Facility”) with Wells Fargo Bank, National Association (“Wells Fargo”) in the principal amount of $50 million, comprised of a $25 million revolving credit facility and a $25 million term loan facility.The new Credit Facility matures on March 19, 2027, and, subject to approval by Wells Fargo, may be incrementally increased by up to $10 million in the aggregate. The credit facility is expected to be used for general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.Elias Mark, Chief Financial Officer of Gambling.com Group, commented, “We have established a track record of successful execution on our growth initiatives that are delivering consistently strong
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GAMB
Earnings
- 3/21/24 - Miss
GAMB
Sec Filings
- 4/5/24 - Form 6-K
- 4/2/24 - Form 6-K
- 3/21/24 - Form S-8
- GAMB's page on the SEC website