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IN BRIEF: Entain redeems GBP400 million in debt notes

4th Jul 2023 08:48

Entain PLC - London-based sports betting and gambling operator via bwin, Coral, Ladbrokes, PartyPoker and Sportingbet brands - Ladbrokes Group Finance PLC, a subsidiary, redeems all GBP400.0 million in debt notes, paying GBP407.5 million including interest. The 5.125% guaranteed notes were due in 2023. Entain says redemption will be funded by term loans.

Current stock price: 1,277.50 pence, up 1.0% in London on Tuesday

12-month change: up 5.4%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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