secwatch.observer — SEC 8-K summary
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Issuer:     Flutter Entertainment plc (FLUT)
CIK:        0001635327
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001193125-24-120917
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flutter issues $525M 6.375% USD notes and €500M 5% EUR notes due 2029
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- Issued $525M USD notes at 6.375% and €500M EUR notes at 5.000%, both due April 29, 2029.
- Notes are senior secured; guaranteed by Flutter and other guarantors.
- Proceeds used to repay existing syndicated facility and multi-currency revolving credit facility borrowings.
- Holders can require repurchase at 101% of principal upon change of control.
- Redemption options include make-whole premium before April 2026 and step-down premiums thereafter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635327/000119312524120917/0001193125-24-120917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635327/000119312524120917/d813459d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-120917

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