Flutter Entertainment plc
Flutter Entertainment plc Announces Offering of Senior Secured Notes and Term Loan B Facility
Summary
On July 24, 2025, Flutter Entertainment plc announced the pricing of an offering of $1.275 billion aggregate principal amount of senior secured notes due 2031 by its subsidiary Flutter Treasury DAC, and the pricing of its new U.S. dollar-denominated term loan B facility. The proceeds will be used to fund the acquisition of the outstanding 5% minority interest in FanDuel and the extension of its long-term strategic partnership with Boyd Interactive Gaming Holdings, L.L.C. The Notes will be offered to qualified institutional buyers in reliance on Rule 144A and to non-U.S. investors outside the United States under Regulation S. The offering is subject to customary closing conditions, with settlement expected around August 7, 2025.
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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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