Flutter issues $1.5B equivalent notes and adds $550M in credit facilities for FanDuel buyout

Flutter Entertainment plc

Issued $625M 5.875% USD notes, €300M 4.000% EUR notes, and £250M 6.125% GBP notes (at 100.125%) due 2031.
Increased term B loans by $500M (maturing June 2032, SOFR+2.00%) and revolver by £50M.
Proceeds will fund purchase of remaining 5% minority interest in FanDuel and extend Boyd Interactive Gaming partnership.
All notes and loans are senior secured obligations of Flutter Treasury DAC, guaranteed by Flutter Entertainment plc.

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