Allwyn Entertainment has secured access to €1.6bn funds, having reached a senior facilities agreement with a syndicated group of international banks. The transaction was undertaken by Allwyn International (formerly SAZKA Group AS) with lenders agreeing to provide an aggregate €1.6bn facility to the lottery conglomerate. Terms of the agreement will see the €1.6bn credit facility split into separate debt tranches, …
Read More »Tag Archives: UniCredit
PostePay to purchase IGT’s Italian commercial payment business for €700m
IGT has announced the sale of its Italian proximity payment business from its IGT Lottery subsidiary to PostePay for a total consideration of €700 million. NYSE-registered IGT will directly sell LIS Holding and indirectly sell LISPAY, the two wholly-owned subsidiaries that constitute and provide its payments operations, which has established a prominent place in Italy. The sale price consists of …
Read More »Gamenet issues private €225 million bond seeking swift closure to GoldBet takeover
Borsa Milan-listed gambling firm Gruppo Gamenet SPA has issued a ‘senior non-convertible bond’ valued at approximately €225 million, which will be put forward to private institutional investors. The non-convertible bond will have a maturity date set at 2023 and will be listed on Italian and European-wide bond exchange markets. Updating investors, Gamenet governance details that it will utilise the proceeds …
Read More »