Bally's Corporation Secures $1.1 Billion Term Loan Led by Ares Management

Reuters

15 hours ago

Bally's Corporation Secures $1.1 Billion Term Loan Led by <a href="https://laohu8.com/S/AREMP">Ares Management</a>

Bally's Corporation has entered into a new term loan credit facility due 2031, securing $1.1 billion in funded term loans from lenders including Ares Management Credit funds, King Street Capital Management, and TPG Credit. The company will use the proceeds for general corporate purposes, such as developing Bally's Bronx and Bally's Chicago, and to repay its outstanding $1.47 billion term loans maturing in 2028. The term loans are secured by substantially all material assets of Bally's and its wholly-owned subsidiaries, with certain customary exceptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260211282418) on February 11, 2026, and is solely responsible for the information contained therein.

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The company will use the proceeds for general corporate purposes, such as developing Bally's Bronx and Bally's Chicago, and to repay its outstanding $1.47 billion term loans maturing in 2028. The term loans are secured by substantially all material assets of Bally's and its wholly-owned subsidiaries, with certain customary exceptions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via Business Wire (Ref. 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The company will use the proceeds for general corporate purposes, such as developing Bally's Bronx and Bally's Chicago, and to repay its outstanding $1.47 billion term loans maturing in 2028. The term loans are secured by substantially all material assets of Bally's and its wholly-owned subsidiaries, with certain customary exceptions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260211282418) on February 11, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BBT3K403.USD","symbol_name":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nNDL2G4CbQ:1","article_id":"2610966768","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610966768","pubTimestamp":1770844546,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Bally's Corporation has entered into a new term loan credit facility due 2031, securing $1.1 billion in funded term loans from lenders including Ares Management Credit funds, King Street Capital Management, and TPG Credit. 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The company will use the proceeds for general corporate purposes, such as developing Bally's Bronx and Bally's Chicago, and to repay its outstanding $1.47 billion term loans maturing in 2028. The term loans are secured by substantially all material assets of Bally's and its wholly-owned subsidiaries, with certain customary exceptions.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bally's Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260211282418) on February 11, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}