Flutter Entertainment plc announced the pricing of $625 million aggregate principal amount of 5.875% senior secured notes due 2031, €300 million aggregate principal amount of 4.000% senior secured notes due 2031, and £250 million aggregate principal amount of 6.125% senior secured notes due 2031. The Offering is expected to be used to fund the acquisition of the outstanding 5% minority interest in FanDuel and extend the strategic partnership with Boyd Interactive Gaming Holdings, L.L.C. Flutter operates leading online sports betting and iGaming brands globally.
Additionally, Flutter priced a new U.S. dollar-denominated term loan B facility. The Offering is subject to customary closing conditions, with settlement expected on or around August 7, 2025. The Notes will be admitted to trading on The International Stock Exchange. The Offering is aimed at qualified institutional buyers and non-U.S. persons outside the United States. Forward-Looking Statements were included in the press release, cautioning readers of potential risks and uncertainties.
Read more at GlobeNewswire: Flutter announces the pricing of $1,272 million aggregate
