Bowlero shares are trading higher after the company announced it completed a $432.9 million sale-leaseback with VICI Properties.
Portfolio Pulse from Benzinga Newsdesk
Bowlero has completed a $432.9 million sale-leaseback deal with VICI Properties. This has led to an increase in the company's share prices.
October 20, 2023 | 12:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bowlero's shares are trading higher after the company completed a $432.9 million sale-leaseback deal with VICI Properties.
The completion of the sale-leaseback deal has provided Bowlero with a significant amount of capital, which is likely to be used for the company's growth and expansion. This has increased investor confidence, leading to a rise in the company's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100