---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-059444"
form_type: "8-K"
ticker: "PENN"
cik: "0000921738"
company_name: "PENN Entertainment, Inc."
filed_at: "2025-06-13T23:59:59+00:00"
generated_at: "2026-05-19T09:56:13.096463+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PENN repurchases ~$223.8M of 2.75% convertible notes due 2026 for ~$230.9M

## Summary
- Repurchased $223.8M aggregate principal of Convertible Senior Notes due 2026 from certain holders.
- Total purchase price of approximately $230.9M includes accrued interest based on $15.61 VWAP.
- Note Repurchase Transactions expected to close June 20, 2025.
- After closing, approximately $106.7M aggregate principal of the notes remains outstanding.
- HudsonWest LLC served as exclusive financial advisor.

## SEC filing metadata
- accession: 0001104659-25-059444
- form_type: 8-K
- ticker: PENN
- cik: 0000921738
- company_name: PENN Entertainment, Inc.
- filed_at: 2025-06-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921738/000110465925059444/0001104659-25-059444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921738/000110465925059444/tm2517946d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-059444
- JSON: https://secwatch.observer/filing/0001104659-25-059444.json
- Plain text: https://secwatch.observer/filing/0001104659-25-059444.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.