Online gambling marketing agency has raised euro 16 million in funding this year

Gambling.com, a digital marketing and affiliate network in the online gambling industry, has reported that it has successfully completed its planned capital raising for the year at Euro 16 million, which is being spent on new acquisitions.

Using a series of convertible bond issues that were snapped up by mainly Nordic investors, attracted by a 10 percent fixed rate coupon and a safety net that will see an automatic conversion to equity at a discount in the event of any change of control or IPO. The latest bond matures in 2020.

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