Lucky Bucks, LLC
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||Lucky Bucks, LLC||Our Role||
Joint Lead Arranger
On January 29, 2020, KeyBanc Capital Markets (“KBCM") successfully closed $165 million of Senior Secured Credit Facilities for Lucky Bucks, LLC, (“Lucky Bucks” or “Company”), consisting of a $50 million Revolver, a $100 million Term Loan, and a $15 million Delayed Draw Term Loan (the “Credit Facilities”). Proceeds from the Credit Facilities will be used primarily to finance the acquisition of Game Vendor and refinance existing indebtedness.
KBCM acted as Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the Company’s inaugural syndication. This transaction marks the first-ever bank syndicated financing in the Georgia distributed gaming industry.