Will Hill in New Cash-Raising Scheme


According to the UK and international land and online gambling group William Hill plc, its recently-launched fund-raising scheme should help it get its hands on around GBP 375 million in new capital from the issue of seven-year guaranteed corporate bonds.

The proceeds from the drive will be used to repay GBP 275 million in short-term loans taken to part-fund the acquisition of Sportingbet Australia, and to buy out Playtech's 29 percent stake in William Hill Online.

The company further specified that the bonds will be available from June 5.

Sports Society News General Sportsbook News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

9mins ago someone from us flag United States read article Formula 1: Jenson Button to remain at McLaren in 2016

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h

Totals

  • New Members
    1
  • Members Online
    12
  • Guests
    980



eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus