Financing ·
Bally's Corporation entered into a loan and security agreement with WhiteHawk Capital Partners, LP on September 4…
BALYBally's Corp
Bally's Corporation entered into a loan and security agreement with WhiteHawk Capital Partners, LP on September 4, 2026, securing senior secured term loan commitments totaling $560 million. This includes $400 million in closing date term loans and $160 million in delayed draw term loans. Proceeds will fund pre-construction costs for the Bally’s Bronx project and general corporate purposes. The loans mature 18 months after initial funding, bear interest at Term SOFR plus 8.50%, and are secured by substantially all assets of the Bally’s New York Loan Parties. Closing is subject to regulatory approval and customary conditions. Bally's Corporation operates in the gaming and entertainment industry, owning casinos, racetracks, sports betting platforms, and lottery solutions.