(London) - Akin has advised funds managed by TPG, Oaktree Capital Management and Oak Hill Advisors, who led a group of lenders on the financing aspects of Bally’s Intralot S.A.’s recommended all-share acquisition of evoke plc. The lender group has agreed to provide a five-year second lien term facility of up to the euro equivalent of £889 million, which will be used to refinance certain of evoke’s existing indebtedness.
Under the terms of the transaction, announced on June 5, Bally’s Intralot an...
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