Inspired completes loan-backed purchase of GTG

online gambling
By Mike Turner
09 Oct 2019

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. 

Nomura and Macquarie Capital underwrote the debt, with Nomura also advising Inspired on the ...

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