Winvia Entertainment secures £33 million loan to support prize draw expansion
Winvia Entertainment has entered into a new £33 million 3-year term loan agreement with Barclays Bank which will replace its existing banking facility with Eurobank.
Alongside the term loan, Barclays is providing the Company with a £5 million revolving acquisition facility, with an uncommitted accordion option to increase this by up to a further £15 million.
The Board believes that the new banking facilities have been secured on attractive terms and will provide the Group with increased flexibility to deliver its stated growth strategy. The Company has a strong balance sheet and as at June 30, 2026, had a net cash balance of £31.8 million.