11th Jul 2022 08:55
888 Holdings PLC - Gibraltar-based online betting and gaming company - Notes its subsidiary 888 Acquisitions Ltd priced EUR400 million of 7.558% senior secured notes due 2027 and EUR300 million floating rate senior secured notes due 2028. Explains that the issuance of the notes is part of a larger financing plan with 888 Acquisitions LLC. Expects to enter a GBP416 million term loan B facility, a GBP400 million euro-denominated term loan A facility, and a GBP352 million pound-denominated term loan A facility, each maturing in 2028 with 888 Acquisitions LLC.
Current stock price: 157.10 pence
12-month change: down 58%
By Abby Amoakuh; [email protected]
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