Sponsored By

Infogrames Reduces Debt

Infogrames Entertainment announced that it has cut its debt by approximately 100 million euros (or 25 percent of its outstanding debt), after buying back over 2 million shares of its convertible bonds.

Game Developer, Staff

January 2, 2002

1 Min Read
Game Developer logo in a gray background | Game Developer

The value of Infogrames' convertible bonds now stands at 311.8 million euros. The company said it had also sold eight million of its own shares to U.S. investment fund General Atlantic Partners in exchange for $50 million worth of convertible bonds issued by its U.S. division (Infogrames Inc.) and $50 million in cash.

Read more about:

2002

About the Author

Game Developer

Game Developer

Staff

See more from Game Developer
Daily news, dev blogs, and stories from Game Developer straight to your inbox
Stay Updated

You May Also Like

Latest News

screenshots showing a selection of games
Production
Game Developer's 2024 Wrap-Up: Chris Kerr's top 5 games of the yearGame Developer's 2024 Wrap-Up: Chris Kerr's top 5 games of the year
byChris Kerr
Dec 24, 2024
4 Min Read
A promo image for Bryant's top 10 game of the year list featuring four games.
Design
Game Developer 2024 Wrap-Up: Bryant Francis' top 10 games of the yearGame Developer 2024 Wrap-Up: Bryant Francis' top 10 games of the year
byBryant Francis
Dec 23, 2024
14 Min Read
Get daily news, dev blogs, and stories from Game Developer straight to your inbox
Subscribe to Game Developer Newsletters to stay caught up with the latest news, design insights, marketing tips, and more
Stay Updated

More from GD

Two thieves brawl against each other and a guard in a library in Thick as Thieves.
Design
How Thick as Thieves adapts immersive sim tricks for multiplayer shenanigansHow Thick as Thieves adapts immersive sim tricks for multiplayer shenanigans
byBryant Francis
Dec 18, 2024
5 Min Read
friendly faces from Puzzmo
Design
How newspaper games like Wordle became behemothsHow newspaper games like Wordle became behemoths
byCarli Velocci
Dec 17, 2024
14 Min Read
thumbnail
Business
Book Excerpt: Running a Successful Live Service GameBook Excerpt: Running a Successful Live Service Game
byVolodymyr Dubrovskyi, Sergei Vasiuk
Dec 17, 2024
12 Min Read
Latest Podcasts
See all

Featured Blogs

Business
Reality check for VR: Omdia forecasts decline as Apple’s entry fails to galvanize market
Reality check for VR: Omdia forecasts decline as Apple’s entry fails to galvanize market

Dec 20, 2024

Art
Death to all zombies: crafting weapons for Zombie State
Death to all zombies: crafting weapons for Zombie State

Dec 18, 2024

Design
Game Developer's 2024 Wrap-Up: 10 must-read Featured Blogs
Game Developer's 2024 Wrap-Up: 10 must-read Featured Blogs

Dec 17, 2024