debt
confidence high
sentiment neutral
materiality 0.50
Bally's closes $400M WhiteHawk-led term loan for Bronx casino project; $160M delayed draw remains
Bally's Corp
- $400M term loan commitments fully funded October 1, 2026 under an amended and restated loan and security agreement with WhiteHawk Capital Partners, LP as agent.
- An additional $160M of delayed draw term loan commitments remain available for future draws tied to Bally's Bronx development.
- Proceeds pay pre-construction costs for the Bally's Bronx project, with a portion to general corporate purposes including closing transaction fees and expenses.
- The $4.0B Bally's Bronx integrated casino is expected to open by 2030 with 3M sq ft of gaming facilities, a 500-room hotel, a 2,000-person event center and an 18-hole golf course.
- Additional Bally's subsidiaries formed for the Bronx project were added as obligors; other material terms match the Prior Loan Agreement dated September 4, 2026.