Inspired completes loan-backed purchase of GTG
Inspired, the US gambling company, has completed its €104.6m debt-funded acquisition of Novomatic UK’s Gaming Technology Group, drawing down on term loans to finance the deal.
Inspired signed term loans of £140m and €90m and a £20m revolving credit facility related to the acquisition. It has drawn down part of the term loan to pay for the purchase and refinance debt.
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