Everi announces successful completion of $1.0 billion debt refinancing

Las vegas, aug. 3, 2021 /prnewswire/ -- everi holdings inc. (nyse: evri) ("everi" or the "company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced it successfully completed the refinancing of its outstanding debt, including (i) closing a seven-year $600 million senior secured term loan due 2028 issued at 99.75% of par (the "new term loan"); (ii) a $125 million senior secured revolving credit facility due 2026 which was undrawn at closing (the "new revolver" and together with the new term loan, the "new credit facilities"); and (iii) the previously announced closing of $400 million in aggregate principal amount of its 5.000% senior unsecured notes due 2029 issued at par (the "new notes"). the new credit facilities have an interest rate of libor plus 2.50% subject to a 0.50% libor floor.
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