Bally’s closes $400 million WhiteHawk-led term loan financing for Bronx casino project
BALY•Bally’s closed a $400 million WhiteHawk Capital Partners-led term loan financing for its Bronx project. Another $160 million in delayed-draw commitments remains available for development, and the $4 billion casino project is expected to open by 2030.
1. Financing closed
Bally’s drew $400 million in term loans in a financing led by WhiteHawk Capital Partners. Proceeds will fund pre-construction costs, general corporate purposes, transaction fees and closing expenses.
2. More funding available
A further $160 million in delayed-draw term loan commitments remains available for future project development. The $4 billion integrated casino project is expected to open by 2030.
