One Toronto Gaming refinancing to include loan, other secured debt

By Paul A. Harris

Portland, Ore., July 10 – One Toronto Gaming plans to use proceeds from an $800 million term loan B and $400 million of other senior secured debt to refinance its capital structure, according to a market source.

The loan, via left lead Barclays, is scheduled to kick off on a Tuesday lender call.

In addition to the refinancing the Toronto-based gaming, entertainment and hospitality company plans to use proceeds for general corporate purposes.

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