Debt investors

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  • As at 30 June 2025, adjusted net debt was £3,550.2m and represented an adjusted net debt to underlying EBITDA ratio of 3.1x
  • Entain uses interest rate swaps to hedge interest rate risk.
  • Approximately half of the Group’s post-swap gross debt (exc. leases) is at fixed interest rates.
  • Currency swaps are used to hedge the USD debt into EUR, GBP and AUD.

Issue
Date

Maturity
Date

Amount
(mn)

Currency

Term loan B4

Various

30 Jun 28

765

EUR

Term loan B6

04 Sep 25

31 Oct 29

2,218

USD

Term loan B5

04 Sep 25

31 Jul 32

1,100

USD

ISIN

Issue
Date

Maturity
Date

Coupon
(%)

Amount
(mn)

Listed

XS3229426138

24 Nov 25

30 Nov 31

4.875

€500

TISE

Agency

Credit Rating

Outlook

Date

S&P

BB-

Stable

10 Nov 25

Moody's

Ba2

Stable

16 Dec 25

Fitch

BB

Negative

12 Dec 25