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Sportradar Expands Undrawn Revolving Credit Facility to €250 Million

Story Highlights
  • On April 30, 2026, Sportradar increased its revolving credit facility to €250 million, which remains fully undrawn.
  • The amended facility sets leverage-based pricing, adds a 6.5x leverage covenant, and preserves typical restrictions on debt and distributions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sportradar Expands Undrawn Revolving Credit Facility to €250 Million

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An announcement from Sportradar Group AG ( (SRAD) ) is now available.

On April 30, 2026, Sportradar Group AG amended and restated its revolving credit facility, increasing total commitments from €220 million to €250 million while keeping the facility currently undrawn. The borrower remains its wholly owned unit Sportradar Capital S.à r.l., with obligations guaranteed and secured by certain group subsidiaries and assets, and pricing tied to the company’s senior secured net leverage ratio.

Under the revised terms, borrowings bear interest at a maximum of EURIBOR, Term SOFR or SONIA plus up to 2.25%, with a margin ratchet that can fall to 1.50% when leverage is low, and a 0.35% commitment fee on unused commitments. The agreement introduces a springing financial covenant capping senior secured net leverage at 6.50x and maintains customary restrictions on additional debt, liens, M&A, investments, dividends, asset sales and affiliate transactions, shaping Sportradar’s financial flexibility while providing expanded committed liquidity for future needs.

The most recent analyst rating on (SRAD) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Sportradar Group AG stock, see the SRAD Stock Forecast page.

Spark’s Take on SRAD Stock

According to Spark, TipRanks’ AI Analyst, SRAD is a Neutral.

SRAD scores above average primarily due to strong financial fundamentals (low leverage, improving profitability, and strong free cash flow) and upbeat 2026 guidance with expected margin expansion and ongoing buybacks. The score is held back by weak technical momentum (price below all key moving averages with negative MACD) and a high P/E with no dividend yield support.

To see Spark’s full report on SRAD stock, click here.

More about Sportradar Group AG

Sportradar Group AG is a Switzerland-based provider of sports data and technology solutions serving the global betting, media and sports entertainment markets. Through subsidiaries such as Sportradar Capital S.à r.l., the company offers data feeds, integrity services and related products that support bookmakers, leagues, and broadcasters worldwide.

Average Trading Volume: 3,342,096

Technical Sentiment Signal: Sell

Current Market Cap: $3.93B

See more insights into SRAD stock on TipRanks’ Stock Analysis page.

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