Dave & Busters Entertainment Secures New Credit Facilities
Company Announcements

Dave & Busters Entertainment Secures New Credit Facilities

Dave & Busters Entertainment ( (PLAY) ) has shared an update.

Dave & Buster’s, Inc. has amended its credit agreement to secure a new $700 million term loan and a $650 million revolving credit facility. This strategic financial move will enable the company to redeem its 7.625% Senior Secured Notes due 2025 and refinance existing loans, offering flexibility with prepayment options. Investors should note the interest rates tied to leverage, presenting an opportunity for improved financial positioning.

Learn more about PLAY stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyDave & Buster’s management to meet with Truist
TheFlyDave & Buster’s CEO buys $502.2K
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App