03:51 AM EDT, 05/23/2025 (MT Newswires) -- Flutter Entertainment ( FLUT ) said Friday it priced multi-currency debt offerings, including US dollar, euro, and British pound-denominated senior secured notes due 2031.
The company, through its Flutter Treasury DAC subsidiary, priced $1 billion of 5.875% senior secured notes, 550 million euros ($623.5 million) of 4% notes and 450 million pounds ($606.4 million) of 6.125% notes.
An application will be made to list the new notes on the International Stock Exchange. The settlement of the notes is expected to occur on or around June 4.
Flutter Entertainment ( FLUT ) also priced its new US dollar-denominated term loan B facility.
The proceeds from the debt offerings and a term loan B facility are expected to be used to repay the company's bridge facility and for general corporate purposes, Flutter said.