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Playtika Announces Closing of Debt Refinancing Resulting in Over $80 Million Annual Cash .
Playtika Holding Corp.March 11, 2021 GMT
New $1.9 Billion Term Loan B and $600 Million of Senior Unsecured Notes
to Replace Existing $2.375 Billion Term Loan B
Revolver Upsized to 5-year $600 Million Facility
Combined with IPO Proceeds, Company Has Approximately $1.5 Billion Available Liquidity
HERZLIYA, Israel, March 11, 2021 (GLOBE NEWSWIRE) Playtika Holding Corp. (NASDAQ:PLTK) (“Playtika”) today announced it has entered into a 7-year $1.9 billion Term Loan B, increased its Revolving Credit Facility to $600 million with a new 5-year maturity and consummated its previously announced offering of $600 million aggregate principal amount of its 8-year senior unsecured notes.