The capital markets team of Elias Neocleous & Co LLC advised Allwyn Entertainment Financing (UK) plc in connection with its high yield issuance of EUR 1.3 billion comprising EUR665 million 7¼% senior secured notes due 2030 and USD700 million 7⅞% senior secured notes due 2029. The proceeds of the notes will be used by the said company to repay drawings under its revolving credit facility, to redeem existing notes, repurchase preferred shares issued by its parent company and for general corporate purposes. Allwyn is a leading multi-national lottery operator and operates lotteries across the EU such as OPAP in Greece and the UK National Lottery. The team of Elias Neocleous & Co LLC was lead by Elias Neocleous with the assistance of Michael Pelosi and Demetris Roti.
For more information please contact Michael Pelosi or Demetris Roti