debt
confidence high
sentiment neutral
materiality 0.60
Bally's adds $50M revolving credit from Jefferies; consents to $735M sale-leaseback of Twin River Lincoln
Bally's Corp
- Incremental joinder increases senior secured revolver by $50M, with Jefferies Finance LLC as new lender.
- Jefferies consents to Bally's $735M sale-leaseback of Twin River Lincoln Casino Resort, subject to regulatory approvals.
- Commitment fee of 0.375% and structuring fee of 2.00% payable to Jefferies upon effectiveness.
item 1.01item 2.03