Commentary & Deal Flow

Media and Games Invest SE (formerly Media and Games Invest plc) EUR150m 144A/Reg S add-on to its sr sec FRN due 11/27/2024 (3.5y). NC1.5 (11/27/22), then at 102.875, 05/27/23 at 102.156, 11/27/23 at 101.438, 05/27/24 at 100.719. Prior to the first call date: callable at 102.875, plus the sum of all remaining interest payment up to the first call date. Not rated. Via Pareto/Jefferies jt books. List Frankfurt/Stockholm. Swedish law. Floats/pays 3mE+575bp (0% floor). ISIN SE0015194527. The original EUR80m issue priced 11/13/20 and a EUR40m add-on priced 03/23/21.

IPT: 102.00-102.50.

UOP: fund future acquisitions. Roadshow 05/31-06/03. Biz: an integrated digital games and media co with main operational presence in EMEA and North America. HQ: Malta.