Stars Group increases debt note offering to $1bn

The Stars Group has increased its debt-note offering from $750m to $1bn.

Updated on 29 June 2018

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The Toronto-based company intends to use the offering for its p$4.7bn acquisition of Sky Betting & Gaming (Sky Bet). The notes will be offered and sold in the US only to qualified institutional buyers.

The Stars Group confirmed that the increase in its senior loan will not affect the conditions of the debt-note which will maintain a rate of 7% per annum and is set to mature on July 15, 2026.

The company plans to maintain it’s debt-offering to private institutional investors until 10 July, when the offering is expected to close.

The Stars Group operates business brands such as PokerStars, PokerStars Casino, BetStars, Full Tilt, and the PokerStars Players No Limit Hold’em Championship.

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Islam Soliman

Journalist

Islam Soliman is a journalist who began his career in the gambling media space as a Reporter at Gambling Insider during a four-month internship in 2018. During his time with the publication, he contributed to news research and reporting, helping cover regulatory updates, market movements, and industry developments for a professional B2B readership. His role included producing timely articles for the Gambling Insider website and supporting the editorial team in a fast-paced newsroom environment.

Islam has since built a strong career in journalism and now serves as News Editor at People Management Magazine, where he leads coverage on workplace policy, employment trends, HR developments, and issues shaping the modern workforce.

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