Galaxy Gaming completes debt refinancing: $12.6M debt reduction, ~$2.8M annual interest savings

Galaxy Gaming, Inc.

New $45M term loan + $2M revolver (undrawn) with BMO Bank, due 2030 (or earlier if Evolution Malta merger not closed by Dec 31, 2025).
Total debt reduced by $12.6M; annual interest savings ~$2.8M vs Sep 30, 2024 levels.
Initial rate SOFR+3.50%; previous Fortress Credit loan (due 2026) fully repaid and terminated.
CFO states long-term net debt leverage target of 2.5-3.0x Adjusted EBITDA.
New facilities secured by substantially all assets; guaranteed by domestic subsidiaries.

item 1.01 item 1.02 item 2.03 item 7.01 item 9.01

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