S&P rates Tackle €550 million loan B

S&P said it assigned a B rating Tackle Sarl’s proposed €550 million term loan.

S&P assigned a B rating to the company and a B rating and a 3 recovery rating to its existing senior secured facilities. Tackle has a €890 million term loan due 2022.

The outlook is stable, which reflects the German-betting operator’s strong retail and online footprint, S&P said.

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