Playtech raises ante on revolver

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By Mike Turner
21 Feb 2019

UK gambling software firm Playtech has raised its revolving credit facility to €272m, having agreed its first deal of that type since printing its debut bond in the last quarter of 2018.

Playtech’s new revolver has a three year maturity, with a one year extension option.

NatWest Markets, Santander, UBS and UniCredit are all recent relationship banks for Playetech, according to Dealogic, providing loan funding to Playtech in April last year.

The undrawn revolving credit facility replaces a €200m revolving facility that ...

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