GVC Holdings has entered into a commitment to replace its existing €400m loan facility with a €250m unsecured loan from Nomura International.
The proceeds from the Nomura unsecured loan will go towards the repayment of the operator's loan with Cerberus Business Finance, with formal documentation of the new agreement to be signed by October 31st.
GVC currently has a €400m loan facility with Cerberus, which had €386.5m left outstanding as of yesterday (August 1st). The balance of [...]
