debt
confidence high
sentiment neutral
materiality 0.75
Flutter launches $1.755B debt raise to fund FanDuel minority buyout
Flutter Entertainment plc
- Offers additional 5.875%/4.000%/6.125% senior secured notes due 2031 (USD/EUR/GBP) plus incremental TLB.
- Proceeds will fund purchase of remaining 5% minority interest in FanDuel and extend Boyd Gaming partnership.
- Notes are further issuance of series originally issued June 4, 2025; private placement under Rule 144A/Reg S.
- Application to be made for Notes to trade on The International Stock Exchange.
item 8.01item 9.01