Playtika says China NDRC approves up to USD 800 million bond issuance plan - PLTK News | RalliesPlaytika says China NDRC approves up to USD 800 million bond issuance plan
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PLTK• China NDRC approves bond issuance plan
- China’s NDRC cleared Playtika’s controlling shareholder request to issue up to $800 million of bonds under foreign debt rules.
- Proceeds are earmarked to prepay part of the company’s outstanding term loan under its December 2019 credit agreement.
- The approval expires July 30, 2027.
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