Unibet EUR bank debt and bond repayment

1/4/2010 1:00 PM EST

As previously announced, during the fourth quarter of 2009 Unibet exercised its right to redeem the entire outstanding nominal amount of the bond of EUR 65.8 million, one year ahead of the bond’s original maturity.

During the fourth quarter Unibet also drew down the 12 month Revolving Credit Facility of EUR 24.0 million. This means that the total outstanding nominal amount of bank debt at 31 December 2009 was EUR 24.0 million.

For translation of the Group’s SEK, NOK, DKK and EUR Balance Sheet items into GBP, the following FX rates are used as per 31 December 2009:


Rate to GBP 30-Sep-09 31-Dec-09 Q4 Delta
SEK 11.253 11.544 2.6%
NOK 9.304 9.346 0.5%
EUR 1.100 1.126 2.4%
DKK 8.187 8.379 2.3%