Tag Archives: Rob Wood

GVC revises credit facility terms trading on a more positive outlook

Ladbrokes

GVC Holdings has moved to restructure terms on its revolving credit facility with existing lenders, allowing for greater flexibility as the FTSE firm navigates global COVID-19 business complexities. Last March, operating on a ‘worst-case scenario’ basis, whereby the global sports calendar would be suspended until August, GVC governance sanctioned access to a £550 million revolving credit facility, with a view …

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GVC reprices and relocates its corporate debt holdings

Issuing a corporate filing, the governance of FTSE250 GVC Holdings Plc has today disclosed that it has sanctioned the repricing and reallocation of its existing $786 million (€720m) first-lien term corporate debt bond. Updating investors, GVC details that it has undertaken the transaction to ‘simplify its corporate debt structure’, which will see the debt-bond placement transferred to its wholly-owned GVC …

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GVC names David Lloyd-Seed as new Director of IR and communications

GVC Holdings has strengthened its leadership team after confirming the appointment of David Lloyd-Seed, who will join the company as the new Director of Investor Relations and External Communications. In the new role, Lloyd-Seed will take responsibility for leading the Group’s strategic external communication with investors, the City and a range of key stakeholders. He will take up his new …

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GVC confirms departure of Paul Bowtell as Group CFO

Further to publishing its Q3 2018 trading update, the governance of FTSE100 GVC Holdings has today confirmed the upcoming departure of Paul Bowtell as Group Chief Financial Officer (CFO).   Updating the market, GVC confirms that Bowtell will depart the company’s executive leadership team on 5 March 2019, further disclosing that Bowtell will join London private equity firm Alchemy Partners. …

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