55 billion of Senior Secured Credit Facilities (the Facilities) for Penn National Gaming, Inc.
(Penn National or the Company).
The Facilities consist of a $1 billion Revolving Credit Facility, a $550 million Term Loan A Facility and a $1 billion Term Loan B Facility.
KBCM acted as Joint Lead Arranger and Co-Documentation Agent on the transaction.
Penn National Gaming, Inc.
(Nasdaq: PENN) is North America's leading provider of integrated entertainment, sports content and casino gaming experiences.
The Company's portfolio is further bolstered by its industry-leading mychoice customer loyalty program, which offers its over 25 million members a unique set of rewards and experiences across business channels.
The Company has been consistently ranked in the top two as "Employer of First Choice" over the last nine years in the Bristol Associates - Spectrum Gaming's Executive Satisfaction Survey.
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