US LevFin Wrap — Entain adds to TLB, DexKo takes out seller note, Fender and J.Crew show retail woes

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US LevFin Wrap — Entain adds to TLB, DexKo takes out seller note, Fender and J.Crew show retail woes

William Hoffman's avatar
Sasha Padbidri's avatar
Bill Weisbrod's avatar
  1. William Hoffman
  2. +Sasha Padbidri
  3. + 1 more
6 min read

All the fun seems to be happening in loans these days (although the World Cup is also providing plenty) so we’ll start there. EntainRestaurant Technologies and Electro Rent all completed loan deals, while DexKo Global raised cash to take out seller financings from a recent acquisition.

The dual-currency deal from Entain, which provides services to the online gaming and sports betting markets, is the second time the UK-based company has tapped the market in six weeks. It priced a $375m add-on to the $1bn S+350bp TLB it raised back in October.

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