Bally's Corporation Secures Amended $1.1 Billion Term Loan Financing

Reuters
2025.12.08 12:00
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Bally's Corporation has secured an amended $1.1 billion term loan financing, including $600 million in an initial term loan and up to $500 million in a delayed draw term loan. The funds will support corporate purposes like debt repayment and licensing fees for Bally's New York State casino license. The loans mature five years post-closing, or March 1, 2029, if certain bonds remain. Completion is expected in Q1 2026, pending conditions.