Business
Bally’s Corporation Announces Increase to Its Revolving Credit Facility Commitments
PROVIDENCE, R.I., September 30, 2025--Bally’s Corporation (the "Company" or "Bally’s") (BALY: NYSE) announced today that it secured additional commitments to the extended maturity tranche to increase to $510 million of its revolving credit facility ("RCF") commitments due October 1, 2028. In addition, the new RCF lender, along with all existing RCF lenders, representing an aggregate $670 million in commitments, have now consented to the proposed sale and leaseback of the Company’s Twin River Lin
About this update from Bally's Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":757,"height":291,"url":"https://media.zenfs.com/en/business-wire.com/18e009314e05e67b5b694ac51ca88793"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/O7wePr3N1bPY755jz9ZMtw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM2OTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/18e009314e05e67b5b694ac51ca88793","width":757,"height":291},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/anHh6sNOh6pI0vBMyKAAPA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTE1MTQ7aD01ODI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/18e009314e05e67b5b694ac51ca88793","width":757,"height":291}},"lazy":false},{"type":"text","content":"Increases Revolver Commitments to $670 Million with Additional Lender to Extension Tranche","length":90,"tagName":"p","attribs":{}},{"type":"text","content":"Unanimous Consent from $670 Million in Total Commitments from Revolver Lenders in Support of the Twin River Lincoln Sale and Leaseback","length":134,"tagName":"p","attribs":{}},{"type":"text","content":"Increase to $510 Million in Commitments as Part of Extended Revolver Tranche with New October 2028 Maturity","length":107,"tagName":"p","attribs":{}},{"type":"text","content":"PROVIDENCE, R.I., September 30, 2025--(BUSINESS WIRE)--Bally’s Corporation (the "Company" or "Bally’s") (BALY: NYSE) announced today that it secured additional commitments to the extended maturity tranche to increase to $510 million of its revolving credit facility ("RCF") commitments due October 1, 2028. In addition, the new RCF lender, along with all existing RCF lenders, representing an aggregate $670 million in commitments, have now consented to the proposed sale and leaseback of the Company’s Twin River Lincoln Casino Resort (the "SLB Transaction") pursuant to an existing agreement between the Company and Gaming and Leisure Properties Inc. ("GLPI") (GLPI: Nasdaq) for cash proceeds of $735 million before transaction expenses and taxes. Upon receiving similar consents to the SLB Transaction from holders of approximately $600 million of term loans, which represent approximately 32% of currently outstanding amounts, the Company will have received sufficient consent from its senior secured lenders to proceed with the SLB Tran...