debt
confidence high
sentiment positive
materiality 0.65
Flutter prices $1.272B notes due 2031 to fund FanDuel minority buyout
Flutter Entertainment plc
- $625M at 5.875%, €300M at 4.000%, £250M at 6.125% senior secured notes due 2031.
- Also prices new USD-denominated term loan B facility (amount not disclosed).
- Proceeds to fund purchase of remaining 5% minority stake in FanDuel and extend Boyd Gaming partnership.
- Settlement expected on or around August 7, 2025; notes are additional issuances from June 4, 2025.
- Notes to be admitted to trading on The International Stock Exchange.
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