Embracer Group AB (publ) secured an unsecured multicurrency revolving credit facility of SEK 6.0 billion arranged by leading Nordic banks Nordea, SEB and Swedbank. The facility has a tenor of three years which may be extended by up to two years and refinances in total SEK 4.4 billion in facilities with Nordea maturing in July, 2021 and May, 2022. The terms and conditions for the new facility has been improved, including a lower credit margin for utilized debt. The existing relationships with about a dozen international banks on operating group level will be maintained in addition to the facility. The average borrowing rate across Embracer Group is expected to be well below 1.0% going forward. The facility will be part of Embracer's liquidity reserves and improves the Group's strategic flexibility. Total cash at hand and available credit facilities amounts to approximately SEK 19 billion. The new facility together with the capacity to issue equity will enable Embracer to accelerate organic growth and to pursue more attractive inorganic growth opportunities.