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NYX secures £15m debt add-on for ongoing OpenBet consolidation

22nd December 2016 7:50 am GMT

Toronto-listed supplier NYX Gaming Group has taken the first step towards improving its capital structure by increasing the term facility of its existing debt by £15m.

The company’s wholly-owned subsidiary, NYX Digital Gaming Limited, has amended its senior facilities agreement with ARES Management to increase the term facility commitment by £15m at the same rate as its existing term debt.

The terms of the amended agreement will allow NYX to utilize the incremental add-ons in any of the [...]

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