secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001747079-26-000005
Event type: debt
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000174707926000005/0001747079-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000174707926000005/baly-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001747079-26-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer