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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COMM
PRCD
BTCLIC
Betclic Everest Group SAS (dba Banijay Gaming)€450
1EMEA
Oct 7, 2026
currency
EUR
size (m)
450.000
maturity
Mar 15, 2032
type
Fixed
tenor
5.500
call
2.00
registration
Reg S Only
benchmark
DBR
ranking
Sr. Secured
moody's
Ba3
s&p
B+
fitch
BB+
size description
-
re-open/tap
No
ipt
6.50%-6.75%
ipt-pxd
-
guidance
6.50%-6.625%
spread
325
coupon
6.50%
spread set
-
price
100.00000
yield
6.50%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
active leads
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
First Pay: 2027-05-31; Redemption: 2028-10-15; Registration: Reg S Only; Comments: CoC: 101%; SMR: 100%;
Use of Proceeds
Along with EUR75m (down from EUR125m) cash on hand, to finance the acquisition of Joa Corporate SAS (JOA) share capital (EUR274m) from Joker Holdco Sarl, refinance certain JOA debt ($242m) and pay related transaction costs (Acquisition announced 09/08/26). Upsize used to reduce cash portion for M&A