The international, worldwide gaming content and technology company that also publishes mobile games, Aristocrat Leisure Limited (ASX: ALL), has announced it has effectively refinanced its debt facilities with a total of $1.85 billion.
The move, which follows the recent addition of Bao Zhu Zhao Fu Firecracker Express via top-tier King Max cabinets to the company’s portfolio, is expected to significantly strengthen the company’s balance sheet while at the same time enhancing its capital management flexibility.
Support for $1.85 Billion Debt Facilities
The debt facilities were supported by both existing and new lenders, and they consisted of a $850 million Term Loan A, which will mature in April 2031, as well as a $1…