Bally's enters new $1.1B term loan facility due 2031 and completes Twin River Lincoln sale-leaseback for $700M

Bally's Corp

New $1.1B term loan credit facility due 2031 from Ares Management, King Street Capital, and TPG Credit.
Completed sale-leaseback of Twin River Lincoln Casino Resort to GLP Capital for $700M; initial annual rent $56M.
Proceeds used for general corporate purposes including Bally's Bronx and Chicago development, plus repayment of $1.47B 2028 term loans.
Term loans secured by substantially all assets including equity of Bally's Intralot S.A. (subject to exceptions).
$1.47B in existing term loans maturing 2028 to be repaid in full using proceeds and cash on hand.

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