Online Casino News - More cash needed for William Hill
8th of November 2009 Author: Natalie Stephanopoulos
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
3rd of August 2009
3rd of March 2010
1st of August 2014
4th of June 2014
28th of June 2014
22nd of June 2014
Disclaimer Contact Us Privacy Gambling Help Site Map
LatestCasinoBonuses.com © 2006-2014
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
LCB $500 My Pot of Gold Contest
View more information here