Bally's upsizes financing commitments to $1.1B for NY license fee and debt repayment

Bally's Corp

A&R Commitment Letter increases term loans to $600M initial + $500M delayed draw (total $1.1B).
Lenders include Ares Management, King Street Capital Management, and TPG Credit.
Proceeds will fund NY casino license fee, repay existing term loan, and general corporate uses.
New financing expected to close in Q1 2026, subject to Twin River Lincoln Sale-Leaseback and customary conditions.

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