Raketech expands credit facility – Digital Journal

TRIQ I-IMSIDA IL-GZIRA, MT /ACCESSWIRE /June 17, 2022/ Raketech (STO:RAKE)

Raketech, the iGaming performance marketing partner, today announced that the company has extended its €15 million revolving credit facility with Avida Finans AB through September 2023. The credit facility allows Raketech to continue to make significant growth investments, additional acquisitions and may continue to be used for financing working capital, other investments and other general corporate purposes. The interest on the facility is EURIBOR plus 4.25% and an additional initial extension fee. The credit facility includes an extension option and can therefore be renewed annually under certain conditions.

For more information please contact:

Oskar Mühlbach CEO, [email protected]
Måns Svalborn, Chief Financial Officer, [email protected]

About Raketech Group

Raketech is a leading online content and affiliate marketing company specializing in providing comparison services for sports and games, online guides, communities and social media products. Raketech guides sports and gaming enthusiasts to the best possible services, while delivering high-quality traffic and leads to its partners. Raketech grows both organically and through acquisitions and operates under a clear framework for responsible affiliate marketing services. The company’s shares are listed on the Nasdaq First North Premier Growth Market under the symbol RAKE. Erik Penser Bank AB is the authorized adviser of the company: +46 8 4638300 / [email protected]. For more information, visit www.raketech.com.

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Raketech extends credit facility

THE SOURCE: Raketech

See the source version on accesswire.com:
https://www.accesswire.com/705529/Raketech-Extends-Credit-Facility

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