DraftKings Inc. Successfully Closes $600 Million Term Loan B Credit Facility

DraftKings Inc. Successfully Closes $600 Million Term Loan B Credit Facility

03/04/25, 2:22 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Money
$600 million
Industry
sports
gaming
Type
agreement
DraftKings Inc. has successfully closed on its senior secured term loan B credit facility in the amount of $600 million. The Term Loan B, with a maturity date in March 2032, will be used for general corporate purposes.

Company Info

Company
DraftKings
Location
222 berkeley street
boston, massachusetts, united states
Additional Info
DraftKings provides online daily and weekly fantasy sports contests for cash prizes in major sports in the United States and Canada. It offers daily leagues for fantasy football, baseball, basketball, hockey, golf, college football, and college basketball.

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