---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-068718"
form_type: "8-K"
ticker: "FLUT"
cik: "0001635327"
company_name: "Flutter Entertainment plc"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:20:34.084004+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Flutter adds $514.4M incremental Term B loans, extends maturity to 2030

## Summary
- First Incremental Assumption Agreement increases term B loan aggregate by $514.375 million.
- New loans mature November 30, 2030, replacing existing term B loans due July 22, 2028.
- Interest options: ABR floor 1.00% + margin 1.25% (or 1.00% on leverage ratio <2.55:1); SOFR floor 0.50% + margin 2.25% (or 2.00%).
- Quarterly amortization of 0.25% of original principal, balance due at maturity.
- Proceeds used to refinance equivalent amount of existing term B loans from July 2022 agreement.

## SEC filing metadata
- accession: 0001193125-24-068718
- form_type: 8-K
- ticker: FLUT
- cik: 0001635327
- company_name: Flutter Entertainment plc
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635327/000119312524068718/0001193125-24-068718-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635327/000119312524068718/d759809d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-068718
- JSON: https://secwatch.observer/filing/0001193125-24-068718.json
- Plain text: https://secwatch.observer/filing/0001193125-24-068718.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635327/000119312524068718/0001193125-24-068718-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635327/000119312524068718/0001193125-24-068718-index.htm

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