Flutter Entertainment plc announced on May 23, 2025, the pricing of an offering totaling $1,000 million aggregate principal amount of USD-denominated 5.875% senior secured notes due 2031, €550 million aggregate principal amount of EUR-denominated 4.000% senior secured notes due 2031, and £450 million aggregate principal amount of GBP-denominated 6.125% senior secured notes due 2031.
These notes, each issued at par of their nominal value by Flutter Treasury DAC, are expected to settle on or around June 4, 2025. An application will be made for the notes to be admitted to trading on The International Stock Exchange.
The proceeds from this offering, along with a newly priced U.S. dollar-denominated term loan B facility, are primarily intended to repay all amounts due under the bridge facility used to fund the acquisition of Snaitech S.p.A. The remaining funds will be allocated for general corporate purposes and to cover transaction-related costs and fees.
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