debt
confidence high
sentiment neutral
materiality 0.65
Flutter prices $2B+ in senior secured notes and term loan B to refinance Snaitech acquisition bridge facility
Flutter Entertainment plc
- $1B USD 5.875% notes due 2031, €550M EUR 4.000% notes due 2031, £450M GBP 6.125% notes due 2031, all at par.
- Also priced a new USD-denominated term loan B facility (Third Incremental TLB Facility).
- Settlement expected on or around June 4, 2025; notes to be admitted to trading on The International Stock Exchange.
- Proceeds to repay bridge facility used for Snaitech acquisition, general corporate purposes, and fees.
item 8.01item 9.01