Allwyn

Allwyn announces the successful syndication of its debut EUR term loan B facility and upsizing of its USD term loan B


LUCERNE, Switzerland 21 March 2025 – Allwyn International AG (“Allwyn”) today announced the successful syndication of a new seven-year EUR 475 million term loan B facility (“TLB”), with Allwyn Entertainment Financing (UK) plc as borrower, under a new senior facility agreement, as well as a USD 75 million fully fungible add-on to its existing USD TLB due 2031.

The new EUR term loan B facility will bear interest at EURIBOR plus 300 bps. It will rank pari passu with the existing debt of Allwyn, Allwyn Entertainment Financing (UK) Plc and Allwyn Entertainment Financing (US) LLC, under the existing intercreditor agreement.

Proceeds from the new facility and add-on will be used to repay existing indebtedness, for general corporate purposes and to pay transaction fees and expenses.

Kenneth Morton, Allwyn CFO, commented:

"With our debut issuance in the EUR institutional TLB market we have further diversified our access to capital, extended our maturity profile and achieved significant cost savings.

I am very pleased that with this transaction we have once again demonstrated the strength of investor support for our credit story on both sides of the Atlantic, as well as our continued focus on optimising the diversification, resilience and efficiency of our capital structure.”

ENDS

About Allwyn Allwyn is a leading multi-national lottery operator. Allwyn builds better lotteries that return more to good causes by focusing on innovation, technology, efficiency and safety across a growing casual gaming entertainment portfolio. The lottery-first approach of focusing on affordable recreational play has earned Allwyn leading market positions with trusted brands across Europe in Austria, Czech Republic, Greece and Cyprus, Italy, the United Kingdom, and the United States (Illinois).

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Forward-Looking Statements

This announcement may include forward-looking statements regarding certain of our plans and our current goals, intentions, beliefs and expectations concerning, among other things, our future results of operation, financial condition, liquidity, prospects, growth, strategies, pending acquisitions or other transactions, financing plans and the industries in which we operate. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Generally, but not always, words such as “may,” “could,” “should,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “assume,” “believe,” “plan,” “seek,” “continue,” “target,” “goal,” “would” or their negative variations or similar expressions identify forward-looking statements. By their nature, forward-looking statements are inherently subject to risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that Allwyn’s actual results of operations, financial condition and liquidity and the development of the industries in which we operate may differ materially from those made in or suggested by the forward-looking statements contained in this announcement. In addition, even if our results of operations, financial condition and liquidity and the development of the industries in which we operate are consistent with the forward-looking statements contained in this document, those past results or developments may not be indicative of results or developments in future periods.

We do not undertake any obligation to review, update or confirm expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this document.

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