Allwyn Results Presentation Deck
Key financing transactions after quarter end
Pro-actively managing our capital structure
Q2 2023 - Allwyn International
• In April, issued €665m of 7.250% senior secured notes due 2030 and $700m of 7.875% senior secured notes due 2029 (€1.3bn equivalent)
$600m of 7.875% senior secured notes were swapped to Euros at a rate of 7.01% (excluding credit charges)
Proceeds were used to:
Redeem in full the €300m 4.125% senior secured notes due 2024;
Repay all outstanding drawings of €180m under the revolving credit facility; and
Fund distribution to parent to repurchase Apollo's preferred shares
The transaction helps:
- Further diversify funding sources;
- Extend the debt maturity profile (no material upcoming maturities until 2027);
Strengthen the group's liquidity; and
Further simplify the corporate and financing structure
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