Aristocrat Leisure Limited (“Aristocrat”) today announced it has successfully priced a
refinancing of its long-term debt facilities, further diversifying Aristocrat’s capital structure,
enhancing the business’ flexibility and preserving its strong balance sheet metrics.
The proceeds of the refinancing will be used for general corporate purposes and to repay the
existing US$1.85b Term Loan B. This will be replaced by a US$1.35b Term Loan A maturing in
May 2027 priced at SOFR + 150bps (stepping down to SOFR + 125bps) and a US$500m Term
Loan B maturing in May 2029 priced at SOFR + 225 bps. As part of the refinancing, Aristocrat’s
revolving credit facility will be increased from A$286m to a multi-currency US$500m revolver,
with maturity extended to May 2027.
The new facilities were supported by existing and new investors, with closing and funding
expected to occur by the end of this month.
Aristocrat CEO and Managing Director, Trevor Croker, said “We are pleased with the outcome
and terms of this debt refinancing which reflect our excellent balance sheet metrics and further
diversifies our capital structure. The new facilities enhance Aristocrat’s flexibility and scope to
continue to invest strongly behind our growth strategy.”
Senior Director, Investor Relations
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Chief Corporate Affairs Officer
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