DraftKings Announces Launch of $500 Million Term Loan B Facility
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DraftKings Inc. has announced the launch of a $500 million Term Loan B facility, subject to market conditions.
February 18, 2025 | 12:00 pm
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DraftKings Inc. has initiated a $500 million Term Loan B facility, which is subject to market conditions. This move could impact the company's financial flexibility and leverage.
The launch of a $500 million Term Loan B facility by DraftKings could enhance its financial flexibility, allowing for potential growth or debt restructuring. However, the impact on stock price is uncertain as it depends on market conditions and how the funds are utilized.
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