Inspired Entertainment plans term debt repayment, to get new revolver

By Sara Rosenberg

New York, May 10 – Inspired Entertainment plc plans to get a £20 million 4.5-year super priority senior secured revolving credit facility, according to a news release.

The company also intends to repay its £145.8 million senior secured term loan facility and €93.1 million senior secured term loan using proceeds from a £235 million senior secured notes offering.

Remaining proceeds from the notes will be used for general corporate purposes.

Inspired Entertainment is a New York-based gaming technology company.

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