secwatch / observer
8-K filed March 15, 2024, 7:59 PM ET ticker FLUT CIK 0001635327
debt confidence high sentiment neutral materiality 0.55

Flutter Entertainment plc (FLUT): debt financing — Flutter adds $514.4M incremental Term B loans, extends maturity to 2030

Flutter Entertainment plc

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

Flutter Entertainment plc incurred term loan of $514.375 million with Deutsche Bank AG, New York Branch at ABR (provided that in no event shall such ABR rate with respect to the First Inc maturing November 30, 2030.

Instrument
term loan
Principal
$514.375 million
Counterparty
Deutsche Bank AG, New York Branch
Rate
ABR (provided that in no event shall such ABR rate with respect to the First Inc
Maturity
November 30, 2030
Event
incurrence
Exact text from the filing
the aggregate principal amount of term B loans outstanding under the Credit Agreement will increase by $514.375 million (the “First Incremental Term B Loans”), which shall be fungible with the existing term B loans outstanding under the Credit Agreement.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Flutter Entertainment plc entered into First Incremental Assumption Agreement with Deutsche Bank AG, New York Branch valued at $514.375 million (effective 2024-03-14).

Action
entry
Agreement
credit facility
Counterparty
Deutsche Bank AG, New York Branch
Value
$514.375 million
Effective
2024-03-14
Exact text from the filing
Flutter Entertainment plc (the "Company") and certain of its subsidiaries entered into the First Incremental Assumption Agreement (the "Assumption Agreement") to the Term Loan A, Term Loan B and Revolving Credit Facility Agreement dated as of November 24, 2023 (as amended, the "Credit Agreement"). After giving effect to the Assumption Agreement, the aggregate principal amount of term B loans outstanding under the Credit Agreement will increase by $514.375 million
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305 debt financings filed in the last 30 days. Browse all debt financings →

Flutter Entertainment plc filing history →

Source: SEC EDGAR
accession 0001193125-24-068718
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