Flutter Entertainment plc
Flutter Entertainment plc Issues $1.025B in Senior Secured Notes
Summary
On April 29, 2024, Flutter Entertainment plc, through its subsidiary Flutter Treasury DAC, issued $525 million in 6.375% USD-denominated senior secured notes due 2029 and €500 million in 5.000% EUR-denominated senior secured notes due 2029. The proceeds will be used to repay existing borrowings and related costs. The notes have various redemption options and contain customary covenants and events of default. The indenture and form of notes are attached as exhibits.
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Exhibits (1)
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About Flutter Entertainment plc
Flutter Entertainment plc is a global sports betting and gaming company, recognized as a leader in the online entertainment industry. The company is known for its dynamic portfolio of popular brands, including Paddy Power, Betfair, PokerStars, and FanDuel, each catering to varied segments of the sports betting and gaming markets. Flutter Entertainment focuses on delivering thrilling experiences through innovative technology platforms that support online wagering, live sports betting, and an array of casino games. With a strong presence in Europe, North America, and other international markets, Flutter Entertainment leverages a mix of local expertise and global resources to maintain its competitive edge. The company also emphasizes responsible gaming practices, investing in resources to ensure safe and enjoyable user experiences. In the financial market, Flutter Entertainment plc holds significant market influence, driven by its extensive customer base, diversified product offerings, and strategic acquisitions. It continues to play a vital role in the evolution of the online betting landscape, adapting to regulatory changes and technological advancements while seeking sustainable growth across its operations.
Official SEC Documents
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