Jackpotjoy Completes £388.5m Senior Secured Term and Revolving Credit Facility

LONDON, December 14, 2017 /PRNewswire/ --

Jackpotjoy plc (the "Company") (LSE:JPJ), the largest online bingo-led operator in the world, is pleased to announce that it has formally completed its c.£388.5 million Senior Secured Term and Revolving Credit Facility. Initially announced on 27 November 2017, the facilities comprise of a c.£375 million equivalent term loan and a £13.5 million revolving credit facility. Proceeds of the term facility have been used to repay existing first and second lien term loans.

Standard & Poor's has maintained its credit rating for the Company at B+, while Moody's has upgraded its rating to B1.

About Jackpotjoy plc 

Jackpotjoy plc is the parent company of an online gaming group that provides entertainment to a global consumer base through its subsidiaries. Jackpotjoy plc currently offers bingo and casino games to its customers through its subsidiaries using the InterCasino (http://www.intercasino.com), Costa (http://www.costabingo.com), Vera&John (http://www.verajohn.com), Jackpotjoy (http://www.jackpotjoy.com), Starspins (http://www.starspins.com) and Botemania (http://www.botemania.es) brands. For more information about Jackpotjoy plc, please visit http://www.jackpotjoyplc.com. 

Enquiries: Jackpotjoy plc: Jason Holden, Director of Investor Relations, +44(0)203-907-4032, +44(0)7812-142118, [email protected]; Jackpotjoy Group: Amanda Brewer, Vice President of Corporate Communications, +1-416-720-8150, [email protected]; Finsbury: James Leviton, Andy Parnis, +44(0)207-251-3801, [email protected]