SDS issues a senior secured bond loan of SEK 200 million
Seamless Distribution Systems AB (publ) ("SDS" or the "Company") announces today that the Company has successfully placed a senior secured bond loan with an initial volume of SEK 200 million within a framework of SEK 300 million. The bond has a tenor of three years and carries interest at an annual rate of 3 months STIBOR plus 875 basis points. SDS intends to apply for listing of the bond on the Corporate Bond List of Nasdaq Stockholm. The bond was significantly oversubscribed and attracted demand from investors across the Nordics and continental Europe.
As previously communicated to the market via a press release on March 17, the net proceeds from the bond loan will be used to finance the acquisition of Real Impact Analytics SA ("Riaktr"), refinance existing interest-bearing loans and to finance general corporate purposes. In connection with the bond issue, the Company also announces that the set-off issue, which was communicated to the market via a press release on March 17, was fully subscribed and approved at the Annual General Meeting on April 22.
"The bond loan represents another step in further developing SDS's ability to execute on our growth strategy. The unanimous decision of the AGM to convert the existing shareholder loans to shares is an additional step towards a significantly stronger financial structure. We are now looking forward to the closing of the acquisition and to begin the integration of Riaktr and SDS", says Tommy Eriksson, CEO of SDS.
Pareto Securities AB acted as financial advisor and Gernandt & Danielsson Advokatbyrå KB as legal advisor in connection with the bond issue.
For additional information, please contact:
Chief Financial Officer
+46 70 438 14 42
SDS is a Swedish international software company that that specializes in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator's sales. Today, SDS have implemented solutions in fintech, advanced analysis and retail value management, and where these solutions have succeeded, they are transformed into so-called SaaS solutions.
Following the acquisition of Riaktr, SDS has approximately 300 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, Ivory Coast, United Arab Emirates, Pakistan, India and Indonesia.
Following the acquisition of Riaktr, SDS will annually handle more than 15 billion transactions worth over USD 14 billion. Via over 3 million monthly active resellers of digital products, more than 700 million consumers are served globally.
The company's Certified Adviser is FNCA Sweden AB, phone 08-528 00 399.
Seamless Distribution Systems AB (SDS) har via sitt nyligen förvärvade dotterbolag Riaktr fått en order för ett pilotprojekt gällande utrullning av ett 5G nätverk från en ledande mobiloperatör i Portugal.
Through its recently acquired subsidiary Riaktr, Seamless Distribution Systems AB (SDS) has received an order for a pilot project regarding the roll-out of a 5G network from a leading mobile operator in Portugal.
Seamless Distribution Systems AB (SDS) har fått en order på en payment gateway värd 2 MSEK över tre år från en operatör i Djibouti.
Seamless Distribution Systems AB (SDS) has received an order for a payment gateway worth SEK 2 million over three years from an operator in Djibouti.
Seamless Distribution Systems AB (SDS) har via sitt nyligen förvärvade dotterbolag Riaktr fått en order värd 800 KSEK från en ledande mobiloperatör i Nigeria.
Through its recently acquired subsidiary, Riaktr, Seamless Distribution Systems AB (SDS) has received an order worth SEK 800,000 from a leading mobile operator in Nigeria.
Seamless Distribution Systems AB ("SDS" eller "Bolaget") har idag undertecknat ett slutligt avtal om att förvärva samtliga aktier och tillgångar i Real Impact Analytics S.A. ("Riaktr"). Köpeskillingen på kontant och skuldfri basis uppgår till EUR 10,4 miljoner.
Seamless Distribution Systems AB ("SDS" or "the Company") has today signed a final agreement to acquire all shares and assets in Real Impact Analytics S.A. ("Riaktr"). The purchase price on a cash and debt-free basis amounts to EUR 10.4 million.
Med anledning av den rådande pandemin håller SDS ingen fysisk bolagsstämma. För att aktieägare och investerare ska erhålla en tydlig genomgång av verksamheten under fjolåret, samt information om hur verksamheten har utvecklats hittills under 2021, kallar bolaget till en livesänd pressträff.
Seamless Distribution Systems AB (publ) ("SDS" eller "Bolaget" och tillsammans med dess dotterbolag, "Koncernen") offentliggör idag vissa preliminära siffror för Koncernens första kvartal 2021 som en följd av att Bolaget undersöker möjligheten att emittera ett obligationslån.
Seamless Distribution Systems AB (publ) ("SDS" or the "Company" and together with its subsidiaries, the "Group") today publishes preliminary figures for the Group's first quarter 2021 in conjunction with the Company exploring the possibility of issuing a bond loan.
Seamless Distribution Systems AB
Marknadsplats: Nasdaq First North Premier Growth Market
2021-07-22 Halvårsrapport Q2 2021