Entain plans bond offering of at least €800m due in 2031
Entain announced plans to issue at least €800m in euro- and/or sterling-denominated senior secured notes maturing in 2031. If completed, the group said it would use the proceeds to repay euro-denominated Term Loan B balances as part of a refinancing intended to extend debt maturities and reduce annual interest expenses.
The proposed refinancing could alter Entain’s debt profile and repay balances under its existing euro-denominated facilities.