Source - Alliance News
Entain PLC - Isle of Man-based sports betting and gaming operator - Prices €500 million in senior secured notes due 2031 with an annual interest rate of 4.875%. The funds will be used to partly repay Entain’s existing euro-denominated term loan B credit facilities. On Monday, Entain had said it would offer at least €800 million in new euro- and sterling-denominated bonds to repay existing euro-denominated credit facilities, lower the company’s interest costs, and extend its debt profile.
Current stock price: 741.00 pence, down 1.4% in London on Thursday
12-month change: down 1.1%
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