Embracer secures new €600m revolving credit facility

Embracer has secured a new €600m ($652m) revolving credit facility with a two-year tenor.This new facility replaces its existing €420m ($456m) revolving credit facility, which matures in May 2025.Embracer says the new facility has improved terms, which include a "notably lower credit margin" for utilised debt, which it believes will "reduce interest expenses through both improved terms and a reduced financial leverage." Read more
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