Tabcorp extends US$690.1m loan maturities to 2031
The transaction increases the group’s average debt maturity from 3.2 years to 4.4 years.
Australia.- Tabcorp Holdings Limited has completed an extension of its AU$980m (US$690.1m) syndicated term loan facility on improved pricing terms, according to an ASX filing dated June 16, 2026.
The refinancing covers two existing tranches. Tranche A, valued at A$430m (US$303.2m), has been extended from June 14, 2029 to October 14, 2031, while Tranche B, worth A$550m (US$387.9m), has been extended from July 31, 2027 to June 14, 2029.
Combined with the group’s US Private Placement (USPP) programme and Australian Medium Term Note (AMTN) debt, the transaction increases Tabcorp’s average debt maturity from 3.2 years to 4.4 years. No specific margin adjustments were disclosed in the filing.
Mark Howell, chief financial officer, said the facility extension, together with the company’s USPP and AMTN funding arrangements, strengthens the group’s balance sheet and provides greater flexibility to pursue its strategic priorities.
