FDJ Announces Its First Bond Issue
12 November 2024 - 8:17PM
Business Wire
Regulatory News:
La Française des Jeux (FDJ), one of Europe's leading betting and
gaming operators, will meet investors over the next days with a
view to launching its first bond issue, subject to market
conditions.
FDJ recall that, on 7 November, Moody's assigned the Group a
long-term credit rating of Baa1 - stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity
of 6, 9 and 12 years, the bond issue would be used to refinance
most of the €2 billion bridging loan, drawn on 7 October to finance
the acquisition of Kindred shares for nearly €2.5 billion. The
bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan
with top-tier French and international banks, which will be repaid
over 5 years. This financing is also intended to repay the bridging
loan which will be settled with Group’s cash.
Disclaimer
This press release does not contain or constitute an offer to
sell or a solicitation of an offer to invest in securities in
France, the United States or any other jurisdiction.
About FDJ Group
FDJ Group is one of Europe's leading betting and gaming
operators, with a vast portfolio of iconic brands and a reputation
for technological excellence. With almost 6,000 employees and a
presence in around 15 regulated markets in Europe, the Group offers
a diversified, responsible range of games, both under exclusive
rights and open to competition: lottery games in France and
Ireland, via an extensive point-of-sale network and online; sports
betting at points of sale in France; and online games open to
competition (sports and horse-race betting, poker and online casino
games, in markets where these activities are authorised). The FDJ
Group has placed responsibility at the heart of its strategy and
promotes recreational betting. FDJ Group is listed on the regulated
market of Euronext Paris (Compartment A – FDJ.PA) and is part of
the SBF 120, Euronext 100, Euronext Vigeo 20, EN EZ ESG L 80, STOXX
Europe 600, MSCI Europe and FTSE Euro indices.
For more information, visit www.groupefdj.com
@FDJ FDJ @FDJ_official @FDJ
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Media Contact 01 41 10 33 82 |
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Investor Relations Contact 01 41 04 19 74 |
invest@lfdj.com
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