Paddy Power Betfair Secures Additional Term Loan Facility Of 250 Mln Stg [Reuters]
FLUTTER ENTMT UNSP/ADR (PDYPY)
NASDAQ:AMEX Investor Relations:
paddypowerbetfair.com/investor-relations
Company Research
Source: Reuters
Paddy Power Betfair PLC (PPB.L) Key Developments | Reuters.com May 13 (Reuters) - Paddy Power Betfair PLC ::PADDY POWER BETFAIR - ADDITIONAL LOAN FACILITY.PADDY POWER BETFAIR PLC - SECURED AN ADDITIONAL TERM LOAN FACILITY OF £250M.PADDY POWER BETFAIR PLC - NO MATERIAL CHANGE TO GROUP'S EFFECTIVE COST OF DEBT AS A RESULT OF THIS ADDITIONAL FACILITY.PADDY POWER BETFAIR - FACILITY IS IN ADDITION TO EXISTING £450M FIVE-YEAR REVOLVING CREDIT FACILITY, TOTAL AVAILABLE BANK LOAN FACILITIES TO £700M.PADDY POWER BETFAIR PLC - BALANCE SHEET REMAINS STRONG, CONTINUE TO TARGET A MEDIUM-TERM LEVERAGE RANGE OF BETWEEN 1X AND 2X NET DEBT TO EBITDA. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at
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