Universal Entertainment unit Aruze USA extends USD 25 million credit line to related-party UDN Gaming
Reuters2026/09/11 07:33- Universal Entertainment entered a loan agreement via Aruze USA to fund UDN Gaming through a USD 25 million credit facility.
- Facility runs to Dec. 31, 2035; interest rate set at 5.12% per year; shares in UDN pledged as collateral.
- Loan agreement includes a future transfer of all UDN shares to Universal or a designee at the founder’s subscription price.
- Agreements are scheduled for execution on Sept. 30, 2026; loan drawdowns planned in stages based on funding needs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Kroger (KR.US) Q2 earnings beat expectations but fall more than 3%: Same-store sales increased only 0.2%, full-year sales guidance was lowered.
Kroger's same-store sales growth in the second quarter was significantly below market expectations, and the company lowered its full-year same-store sales guidance, raising concerns among investors about weak consumer spending and the company's future revenue growth prospects.
L.B. Foster appoints Expeditors as mainland Europe distribution partner, sets Germany hub
Integral Metals Raises CA$1.3 Million Via Non-Brokered Flow-Through Private Placement
Crypto prices
More
