Bally's Corporation has entered into a new term loan credit agreement totaling $1.1 billion with Ares Agent Services, L.P., Ares Management LLC, Platinum Birch Ltd., Angelo, Gordon & Co., L.P., and other lenders. The agreement includes a $600 million closing date term loan and a $500 million delayed draw term loan, both funded on February 11, 2026. The loans mature in 2031, or earlier if certain bonds remain outstanding, and are secured by substantially all of Bally's and its subsidiaries' assets. The agreement also includes mandatory and voluntary prepayment provisions, with associated premiums and fees.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-017495), on February 17, 2026, and is solely responsible for the information contained therein.