Allwyn has announced the completion of its Allwyn term loan repricing alongside the pricing of an additional EUR 55 million private placement of senior secured notes. The transactions are designed to lower financing costs while keeping the company’s leverage unchanged.

  • Allwyn Entertainment Financing (UK) plc repriced its existing EUR term loan B due in 2032. The margin was reduced by 50 basis points from 300 bps to 250 bps, while the loan remains priced at par and retains its maturity date of 28 March 2032. The Allwyn term loan repricing reflects improved financing terms without changing the facility’s structure.
  • The company also priced a private placement of EUR 55 million in 4.625% senior secured notes due 2031. The new notes carry the same terms as the existing EUR 550 million issue and will be fully fungible with those securities. Settlement is expected on 8 July 2026, subject to customary closing conditions.
  • Gross proceeds from the private placement will be used to prepay part of the EUR term loan B and support general corporate purposes. Allwyn said both transactions are leverage neutral, excluding fees and expenses. The new notes will rank pari passu with the group’s existing secured debt.
  • Chief Financial Officer Ken Morton said investor demand for the transaction was strong. He added: “This transaction is another step in our proactive management of the balance sheet, reducing our cost of funding and reinforcing our diversified access to capital markets.” Allwyn said the refinancing is expected to lower annual interest payments by approximately EUR 5 million.

Please find more news here.