secwatch / observer
8-K filed April 16, 2026, 7:59 PM ET ticker PENN CIK 0000921738
debt confidence high sentiment neutral materiality 0.50

PENN Entertainment, Inc. (PENN): debt financing — PENN refinances $1.0B revolver and $447M term loan A; maturity extended to April 2031

PENN Entertainment, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PENN Entertainment, Inc. incurred term loan of $446.9 million with Bank of America, N.A. maturing April 2031.

Instrument
term loan
Principal
$446.9 million
Counterparty
Bank of America, N.A.
Maturity
April 2031
Event
incurrence
Exact text from the filing
agent. The Amendment amended the Existing Credit Agreement to, among other things, refinance and extend the term of the Company’s $1.0 billion revolving credit facility and $446.9 million term loan A facility (together, as so amended, the “2026 Facilities”). The 2026 Facilities will mature in April 2031, subject to an earlier springing maturity 91 days inside
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PENN Entertainment, Inc. incurred revolving credit of $1.0 billion with Bank of America, N.A. maturing April 2031.

Instrument
revolving credit
Principal
$1.0 billion
Counterparty
Bank of America, N.A.
Maturity
April 2031
Event
incurrence
Exact text from the filing
The Amendment amended the Existing Credit Agreement to, among other things, refinance and extend the term of the Company’s $1.0 billion revolving credit facility
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PENN Entertainment, Inc. amended Amendment with Bank of America, N.A valued at $1.0 billion revolving credit facility and $446.9 million term loan A facility (effective 2026-04-16).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A
Value
$1.0 billion revolving credit facility and $446.9 million term loan A facility
Effective
2026-04-16
Exact text from the filing
On April 16, 2026, PENN Entertainment, Inc. (the “Company”) entered into an amendment (the “Amendment”) to its Second Amended and Restated Credit Agreement, dated as of May 3, 2022
View on SEC.gov

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PENN Entertainment, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-26-044358
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