Kindred Group signs €216.7 million three-year revolving facility

Chicago, Nov. 11 – Kindred Group plc signed a new €216.7 million multicurrency revolving credit facility with two Nordic banks, according to a press release.

An uncommitted accordion on the loan permits total commitments up to €325 million.

The three-year tenor can be extended an additional year.

Proceeds will be used to refinance amounts outstanding under Kindred’s existing facilities and for general corporate purposes.

Kindred provides online gambling services and is based out of Valletta, Malta.

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