Flutter Entertainment plc
Flutter Entertainment Announces Pricing of Senior Secured Notes and New Term Loan Facility
Summary
On May 23, 2025, Flutter Entertainment plc announced the pricing of $1,000 million USD-denominated 5.875% senior secured notes due 2031, €550 million EUR-denominated 4.000% senior secured notes due 2031, and £450 million GBP-denominated 6.125% senior secured notes due 2031, along with a new USD-denominated term loan B facility. The proceeds will be used to repay a bridge facility, for general corporate purposes, and to cover transaction costs. The notes are being offered to qualified institutional buyers and non-U.S. investors.
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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.
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