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!

1mins ago someone from Philippines played 5 Reel Circus

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h


  • New Members
  • Members Online
  • Guests
Highest Community Rated Online Casinos
Guts Casino
  (332 Ratings)
32 Red Casino
  (613 Ratings)
Lucky Red Casino
  (337 Ratings)
BETAT Casino
  (332 Ratings)
Club USA Casino
  (450 Ratings)
Mr Green Casino
  (429 Ratings)
Buzzluck Casino
  (298 Ratings)
  (290 Ratings)
  (291 Ratings)
Raging Bull
  (244 Ratings)
Bet365 Games
  (287 Ratings)
Casino Adrenaline
  (203 Ratings)
Unibet Casino
  (256 Ratings)
  (376 Ratings)
  (291 Ratings)
  (140 Ratings)
  (127 Ratings)
Betsson Casino
  (355 Ratings)
Redbet Casino
  (266 Ratings)
  (184 Ratings)
Betsafe Casino
  (341 Ratings)
Vera John Casino
  (277 Ratings)
Casino Extreme
  (315 Ratings)
ComeOn Casino
  (390 Ratings)
Bet365 Casino
  (547 Ratings)
Slotty Vegas
  (203 Ratings)
Thrills Casino
  (288 Ratings)
  (216 Ratings)
Intertops Red Casino
  (196 Ratings)
Sportingbet Casino
  (162 Ratings)

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