LAS VEGAS, NV – AGS has announced plans to refinance its outstanding credit facilities and extend debt maturities. AGS intends to fully refinance its $521.2 million term loan facility due in 2024, and its $93.6 million term loan facility due in 2024. As part of the refinancing transaction, AGS intends to seek a new $575 million term loan facility, due in 2029, and use a portion of the cash on its balance sheet. Additionally, the company intends to refinance and upsize its undrawn $30 million revolving credit facility, due in 2023, to a $40 million revolving credit facility due in 2027, which is expected to be undrawn at closing.
Home In the News AGS Announces Plan To Refinance Outstanding Debt, Expand Revolving Credit Facility Capacity