Debt ReductionBYD is expected to use the $1.37B proceeds to reduce its current $1.6B of bank debt, saving approximately $85m in annual cash interest expense.
Financial PerformanceRegional GGR has been trending better than expected.
Shareholder ReturnsThe deal lowers Boyd's leverage from 3.1x to 2.2x by 2026, contributing to an already strong balance sheet.
Stock AccretionThe transaction is expected to result in accretion to Boyd’s stock value, with implications for share price increase.