Flutter Entertainment plc's subsidiary, Flutter Treasury DAC, has announced the pricing of an offering of additional senior secured notes due in 2031. The offering includes $625 million at 5.875% interest, €300 million at 4.000% interest, and £250 million at 6.125% interest. These notes are part of a further issuance from notes initially issued in June 2025. The proceeds from this offering, along with funds from a new U.S. dollar-denominated term loan, are earmarked for acquiring the remaining 5% minority stake in FanDuel and extending a strategic partnership with Boyd Interactive Gaming Holdings, L.L.C. The settlement of these transactions is anticipated to occur around August 7, 2025.
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