Allwyn AG, listed on the Athens Stock Exchange, announced the successful completion of two significant financing moves, which strengthen the flexibility of its balance sheet and noticeably reduce its financing costs.
Specifically, the subsidiary Allwyn Entertainment Financing (UK) plc proceeded with the repricing of the existing EUR Term Loan B, maturing in March 2032, reducing the interest margin by 50 basis points, from 300 to 250 basis points. The loan retains the same maturity date, March 28, 2032, while the repricing was carried out at par value.
At the same time, the company proceeded with the pricing of a private placement of new secured bonds amounting to 55 million euros, with a fixed interest rate of 4.625% and maturity in 2031. The new securities will have the same terms as the existing 550 million euro bond and will constitute a single series with it. Completion of the issuance has been scheduled for July 8.
The funds to be raised will be used partly for the early repayment of part of the existing Term Loan B and partly for general corporate purposes. According to the company, the two moves are leverage-neutral, without increasing the group's total debt.
The combined effect of the transactions is estimated to reduce annual interest expenses by approximately 5 million euros, strengthening Allwyn's profitability and financial flexibility.
The company's chief financial officer, Ken Morton, described investor demand as particularly strong, noting that achieving a margin of 250 basis points constitutes an excellent result for today's market, where very few issuers have managed similar refinancing during 2026. As he pointed out, the transaction reflects investors' confidence in Allwyn's creditworthiness, its strategy, and its ability to deliver on its business objectives.