debt
confidence high
sentiment neutral
materiality 0.50
Golden Entertainment expands revolver to $240M, extends maturity to April 2024
NEW ROYAL HOLDCO I INC.
- Revolving credit facility increased from $200M to $240M; maturity extended from Oct 2022 to Apr 2024.
- Term loans outstanding $675M at weighted avg 3.75%, maturing Oct 2024; revolver undrawn as of Sep 30, 2021.
- Amendment adds benchmark replacement language for LIBOR transition (SOFR fallback provisions).