Raketech extends credit facility

Raketech, the iGaming performance marketing partner, today announced that the company has extended its revolving credit facility of EUR 15 million with Avida Finans AB up until September 2023. The credit facility enables Raketech to continue to make important growth investments, additional acquisitions and can further be used for financing of working capital, other investments, and other general corporate purposes. Interest on the facility is EURIBOR plus 4.25% and an additional upfront extension fee. The credit facility includes an extension option and can thus be renewed annually subject to certain conditions.

For more information, please contact:

Oskar Mühlbach CEO, [email protected]
Måns Svalborn, CFO, [email protected]

About Raketech Group

Raketech is a leading online affiliate and content marketing company, with expertise in delivering comparison services for sports and gaming, online guides, communities and social media products. Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company’s shares are listed in Nasdaq First North Premier Growth Market with ticker RAKE. Erik Penser Bank AB is the company’s Certified Adviser: +46 8 4638300 / [email protected]. For more information, visit www.raketech.com.

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Raketech extends credit facility