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AINMT invests more in Scandinavia, Indonesia

Wednesday 8 March 2017 | 15:47 CET | News
AINMT Scandinavia Holdings has obtained new financing through bank loans and a capital injection from its parent company. The owner of Ice.net and Net1 agreed senior secured facilities of NOK 800 million and an additional underwritten facility of NOK 600 million which may be drawn for organic and inorganic growth purposes. With tenors of 4-5 years, the facilities provide a robust and flexible financing platform for AINMT going forward, the company said. As a part of the refinancing, the company plans to issue NOK 800 million of floating rate senior unsecured bonds with a 5-year tenor in the

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Categories: Mobile & Wireless
Companies: Ice.net / Net1
Countries: Indonesia / Scandinavia
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