Codere SA is reported to be fighting for its survival, seeking new investment options to refinance its long-standing €900 million corporate debt bonds. Spanish business news source El Confidencial has reported that the Spanish gambling group has sanctioned Bank of America to lead renegotiations with bondholders for a further two-year extension on debt maturity terms which are set to expire in 2021. …
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Jackpotjoy secures new £385 million loan facility targeting long term group savings
Updating the market, London-listed online gambling group Jackpotjoy Plc has confirmed that it has secured a £385 million senior secured loan with additional access to a new revolving credit facility. Refinancing its organisation, Jackpotjoy governance will gain access to a £375 million senior loan, with a further £13.5 million made available to the operator via a Revolving Credit Facility. Jackpotjoy …
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