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IN BRIEF: Entain prices new loan at USD1.13 billion to refinance debt

16th Jul 2021 18:15

Entain PLC - London-based gaming and sports-betting firm - Prices and allocates a USD1.13 billion first lien term loan B, with a maturity date of March 29, 2027.

Proceeds from the new loan will go towards refinancing the existing USD774 million loan, which is due to mature on March 29, 2024, as well as provide additional funds of USD351 million to support corporate development as well as M&A.

Current stock price: 1,821.00 pence

Year-to-date change: up 61%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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