Simpson Thacher represented Flutter Treasury DAC, a wholly owned indirect subsidiary of Flutter Entertainment plc, in connection with a Rule 144A and Regulation S offering of $525 million in aggregate principal amount of 6.375% Senior Secured Notes due 2029 and €500 million in aggregate principal amount of 5.000% Senior Secured Notes due 2029. The offering closed on April 29, 2024.~~The proceeds from the offering were used (i) to repay borrowings under the existing syndicated facility agreement dated July 10, 2018, (ii) to repay borrowings under the existing multi-currency revolving credit facility and (iii) to pay certain costs, fees and expenses in connection with the offering.~~Flutter is the world’s leading online sports betting and iGaming operator, with leading positions in markets across the world, including the United States. Flutter operates a diverse portfolio of leading online sports betting and iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Tombola, Betfair, MaxBet, Junglee Games and Adjarabet.~~The Simpson Thacher team included Gil Strauss, Alexander Yeagley and Julia Szinovatz (Capital Markets); Shahpur Kabraji and Charley Xu (Credit); and Michael Mann and Daisy Dai (Tax).