Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGVC.L Regulatory News (GVC)

  • There is currently no data for GVC

Credit Rating

5 Mar 2018 15:48

RNS Number : 7396G
GVC Holdings PLC
05 March 2018
 

5 March 2018

 

GVC Holdings PLC

("GVC" or the "Group")

 

Credit Rating

 

GVC Holdings PLC, the multinational sports betting and gaming group, has today been assigned the following long-term public credit ratings:

· Fitch Ratings: Senior secured debt rating of BB+ (Expected) and corporate rating (IDR) of BB+ (Expected) with a stable outlook

· Standard & Poor's: Senior secured debt rating of BB and corporate rating (ICR) of BB- with a CreditWatch Positive outlook pending completion of the acquisition of Ladbrokes Coral Group plc, and

· Moody's Investors Service: Senior secured debt rating of Ba2 and corporate rating (CFR) of Ba2 with a stable outlook

The above corporate ratings and proposed senior secured debt ratings (which includes the proposed £1.4bn equivalent new term loan B) assume and are subject to successful completion of the acquisition of Ladbrokes Coral Group plc.

- ends -

 

For further information:

GVC Holdings PLC

Kenneth Alexander, Chief Executive

Paul Miles, Chief Financial Officer

Nick Batram, Head of Investor Relations & Corporate Strategy

Tel: +44 (0) 1624 652 559

 Tel: +44 (0) 20 3938 0079

Tel: +44 (0) 20 3938 0066

 

Media enquiries:

Buchanan Communications

David Rydell

Tel: +44 (0) 20 7466 5066

 

About GVC Holdings PLC

GVC Holdings PLC is a leading e-gaming operator in both B2C and B2B markets. GVC has four business segments with a number of brands; Sports Brands (bwin, Sportingbet, Gamebookers), Games Brands (partypoker, partycasino, Foxy Bingo, Gioco Digitale, CasinoClub), B2B and non-core assets. GVC acquired bwin.party digital entertainment plc on 1 February 2016.  The Group is headquartered in the Isle of Man, is a constituent of the FTSE 250 index and has licences in more than 18 countries.

 

For more information see the Group's website: www.gvc-plc.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEASDSELKPEFF
Date   Source Headline
16th Mar 20202:17 pmRNSImpact of sporting cancellations
5th Mar 20207:00 amRNSFinal Results
2nd Mar 20208:37 amRNSTotal Voting Rights
27th Feb 20207:45 amRNSDirectorate Change
17th Feb 20202:44 pmRNSTR-1: Notification of Major Holdings
13th Feb 20202:45 pmRNSNotice of Full Year Results
11th Feb 20207:00 amRNSDebt Repricing and Allocation
6th Feb 202010:49 amRNSExtraordinary General Meeting ("EGM") Result
31st Jan 202010:14 amRNSTotal Voting Rights
24th Jan 20203:02 pmRNSTR-1: Notification of Major Holdings
23rd Jan 20203:58 pmRNSNotification of Major Holdings
23rd Jan 20208:33 amRNSNotification of Major Holdings
17th Jan 20204:41 pmRNSNotification of Major Holdings
17th Jan 20207:00 amRNS2019 post close trading update
16th Jan 20202:31 pmRNSNotification of Major Holdings
10th Jan 20207:00 amRNSNotice of EGM
7th Jan 20205:02 pmRNSNotification of Major Holdings
2nd Jan 202010:50 amRNSTotal Voting Rights
2nd Jan 20209:19 amRNSNotification of Major Holdings
11th Dec 201911:59 amRNSBoard Appointment
2nd Dec 201911:44 amRNSTotal Voting Rights
2nd Dec 201911:42 amRNSBlock Listing Six Monthly Return
7th Nov 20197:00 amRNSDirector's Dealing
4th Nov 20197:00 amRNSChairman Appointment
1st Nov 201910:45 amRNSTotal Voting Rights
29th Oct 201910:02 amRNSGVC & MGM's Roar Digital JV partners Yahoo Sports
17th Oct 20196:09 pmRNSNotification of Major Holdings
9th Oct 20197:00 amRNSQ3 Trading update
1st Oct 20191:01 pmRNSTotal Voting Rights
26th Sep 20194:44 pmRNSNotification of Major Holdings
24th Sep 20194:15 pmRNSNotification of Major Holdings
12th Sep 20193:30 pmRNSDebt Allocation
2nd Sep 201910:51 amRNSTotal Voting Rights
2nd Sep 201910:00 amRNSDebt Issuance
27th Aug 20192:44 pmRNSNOTIFICATION OF MAJOR HOLDINGS
22nd Aug 20197:00 amRNSDirector/PDMR Shareholding
15th Aug 20197:00 amRNSInterim Results
31st Jul 20191:06 pmRNSTotal Voting Rights
30th Jul 20192:30 pmRNSNotification of Major Holdings
22nd Jul 20194:42 pmRNSNotification of Major Holdings
18th Jul 20197:00 amRNSDisposal
17th Jul 20197:00 amRNSH1 Post Close Trading Update
8th Jul 20193:10 pmRNSStatement on Press Coverage
1st Jul 201910:04 amRNSTotal Voting Rights
5th Jun 201911:00 amRNS2019 Annual General Meeting ("AGM") Results
4th Jun 20195:24 pmRNSNotification of Major Holdings
3rd Jun 20199:16 amRNSTotal Voting Rights
3rd Jun 20199:15 amRNSBlock Listing Six Monthly Return
30th May 20195:29 pmRNSNotification of Major Holdings
16th May 20197:00 amRNSCapital Markets Event

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.