Gernandt & Danielsson has advised on MGI - Media and Games Invest SE’s (”MGI”) issue of senior secured bonds in an amount of EUR 225 million, issued within a total framework amount of EUR 300 million. MGI has undertaken to apply for admission to trading of the bonds at Frankfurt Stock Exchange Open Market and also on the corporate bond list at Nasdaq Stockholm. Gernandt & Danielsson also advised on MGI’s repurchase offer of existing bonds in connection with the bond issue in which EUR 176.2 million of existing bonds were repurchased.

MGI operates an ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through data from own games. MGI’s main operational presence is in North America and Europe. MGI is registered as Societas Europaea in Sweden and its shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange.

Gernandt & Danielsson has advised Pareto Securities and Nordea Bank as advisors to MGI with a team consisting of partners Mikael Borg and Mikael Bolling as well as senior associate Simon Wetterholm.