Penn Nationwide Gaming prepared for reopening with strengthened steadiness sheet

0
13

[ad_1]

New York-listed on line casino operator Penn Nationwide Gaming has strengthened its steadiness sheet by $600m with the closing of its frequent inventory and convertible notes providing.

Robust investor demand noticed the corporate improve the dimensions of the providing to $300m frequent shares and $300m of two.75% Convertible Senior Notes due 2026, with Penn Nationwide additionally granting a 30-day choice to underwriters to amass as much as $90m in whole of extra frequent inventory and convertibles notes.

“This profitable transaction […]

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here