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About this update from Entain Plc
[{"type":"text","content":"\n \nRNS Number : 7396G GVC Holdings PLC 05 March 2018 \n\n5 March 2018\n \nGVC Holdings PLC\n(\"GVC\" or the \"Group\") \n \nCredit Rating\n \nGVC Holdings PLC, the multinational sports betting and gaming group, has today been assigned the following long-term public credit ratings:\n· Fitch Ratings: Senior secured debt rating of BB+ (Expected) and corporate rating (IDR) of BB+ (Expected) with a stable outlook\n· Standard & Poor's: Senior secured debt rating of BB and corporate rating (ICR) of BB- with a CreditWatch Positive outlook pending completion of the acquisition of Ladbrokes Coral Group plc, and \n· Moody's Investors Service: Senior secured debt rating of Ba2 and corporate rating (CFR) of Ba2 with a stable outlook \nThe above corporate ratings and proposed senior secured debt ratings (which includes the proposed £1.4bn equivalent new term loan B) assume and are subject to successful completion of the acquisition of Ladbrokes Coral Group plc.\n- ends -\n \nFor further information:\n\n\n\n\nGVC Holdings PLC\n\n\n\n\n\n\n\nKenneth Alexander, Chief Executive \nPaul Miles, Chief Financial Officer\nNick Batram, Head of Investor Relations & Corporate Strategy\n\n\nTel: +44 (0) 1624 652 559\n Tel: +44 (0) 20 3938 0079 \nTel: +44 (0) 20 3938 0066\n\n\n\n\n \nMedia enquiries:\n\n\n\n\nBuchanan Communications\n\n\n\n\n\n\n\nDavid Rydell\n\n\nTel: +44 (0) 20 7466 5066\n\n\n\n\n \nAbout GVC Holdings PLC\nGVC Holdings PLC is a leading e-gaming operator in both B2C and B2B markets. GVC has four business segments with a number of brands; Sports Brands (bwin, Sportingbet, Gamebookers), Games Brands (partypoker, partycasino, Foxy Bingo, Gioco Digitale, CasinoClub), B2B and non-core assets. GVC acquired bwin.party digital entertainment plc on 1 February 2016. The Group is headquartered in the Isle of Man, is a constituent of the FTSE 250 index and has licences in more than 18 countries.\n \nFor more information see the Group's website: www.gvc-plc.com \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEASDSELKPEFF\n ","length":4688,"tagName":"div"}]