Allwyn announces pricing of its senior secured notes
Allwyn International AG has announced that Allwyn Entertainment Financing (UK) plc has priced an offering of €600.0 million in aggregate principal amount of 4.125% senior secured notes due 2031 at an issue price of 100% (the “Notes”).
The aggregate principal amount of Notes to be issued was increased from the previously announced Offering size of €500.0 million. The Notes are expected to be issued on 4 August 2025.
The proceeds from the offering are expected to be used, together with cash on balance sheet, to redeem in full the €500.0 million in aggregate principal amount outstanding under the 3.875% senior secured notes due 2027. To partially redeem USD70.0 million in aggregate principal amount outstanding of the 7.875% senior secured notes due 2029, to partially redeem €66.5 million in aggregate principal amount outstanding of the 7.250% senior secured notes due 2030, and to pay any accrued and unpaid interest thereon and costs, fees, expenses and redemption premia incurred in connection with the transactions.