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Sky Bet rolls dice on sterling cov-lite with £390m loan

Gambling
By Ross Lancaster
08 Jan 2015

The £390m acquisition loan backing CVC’s buyout of Sky Bet, the online gambling arm of television group Sky, will be launched today. It is the second ever all-sterling leveraged finance deal with a covenant-lite term sheet, bankers said.

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By Ross Lancaster
08 Jan 2015