More cash needed for William Hill


GBP 300 million bond offer in the works

The online and land gambling group William Hill plc is to take further measures to extend its banking covenants, specifically the issue of GBP 300 million in corporate bonds.

With an issue date of 12 November 2009, the income from the bonds will serve to extend the bookmakers’ existing banking facilities due to expire in 2011 by five years, and raise its coverage to GBP 838 million.

The bond issue follows a GBP 350 million share issue in April this year which was used to restructure GBP 1.2 billion of debt due to mature in March 2010.

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

3mins ago someone from United States played Beauty's Beast

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    22
  • Members Online
    330
  • Guests
    1,801
Highest Community Rated Online Casinos
Cresus Casino
  (10 Ratings)
NextCasino
  (142 Ratings)
Bet365 Games
  (160 Ratings)
Buzz Slots
  (15 Ratings)
Unibet Casino
  (124 Ratings)
CasinoLuck
  (215 Ratings)
Betsson Casino
  (205 Ratings)
Redbet Casino
  (137 Ratings)
Spin Palace Casino
  (112 Ratings)
Betsafe Casino
  (177 Ratings)
Mr Green Casino
  (272 Ratings)
Slotty Vegas
  (103 Ratings)
32 Red Casino
  (294 Ratings)
Guts Casino
  (168 Ratings)
Liberty Slots Casino
  (171 Ratings)
Winner Casino
  (330 Ratings)
BitCasino.io
  (166 Ratings)
ComeOn Casino
  (231 Ratings)
Sin City Casino
  (94 Ratings)
Intertops Red Casino
  (120 Ratings)
Vera John Casino
  (169 Ratings)
BETAT Casino
  (188 Ratings)
Thrills Casino
  (126 Ratings)
Intertops Casino Classic
  (107 Ratings)
Casumo
  (128 Ratings)
Ladbrokes Casino
  (149 Ratings)
Jetbull Casino
  (101 Ratings)
Royal Vegas Casino
  (129 Ratings)
Slotland
  (292 Ratings)
Whitebet Casino
  (87 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus