06:00 AM EDT, 07/23/2025 (MT Newswires) -- Flutter Entertainment ( FLUT ) said Wednesday its Flutter Treasury DAC unit launched an offering of senior secured notes due 2031, denominated in US dollars, euros and British pounds.
The company also launched a process to raise incremental debt under its existing US dollar-denominated term loan B facility.
Flutter said it plans to raise about $1.76 billion of notes and term loan facility, with the proceeds to be used to fund the acquisition of the outstanding 5% minority interest in FanDuel and the extension of the company's partnership with Boyd Interactive Gaming.