Entain plc, one of the world’s leading sports betting and gaming operators, has announced the launch of a substantial bond offering aimed at extending its debt maturity profile and reducing its annual financing costs. The company is targeting a minimum of €800 million ($925 million) in euro and/or sterling-denominated senior secured notes, due 2031. This strategic move forms a core part of Entain’s broader refinancing plan, which seeks to maintain a leverage-neutral stance while diversifying its funding sources....

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