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DraftKings Boosts Liquidity With New $600 Million Capital Raise

BenzingaAug 17, 2026, 5:07 PMLekha Gupta

DraftKings plans to raise $600 million through a Term Loan B and expand its revolving credit facility to $750 million, boosting liquidity.

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benzinga
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Aug 17, 2026, 5:07 PM
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Aug 17, 2026, 5:07 PM
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  1. SEC EDGARAug 25, 2026, 8:19 PMSEC EDGAR

    8-K filing — DraftKings Inc. (DKNG)

    Filed: 2026-08-25 AccNo: 0001104659-26-100812 Size: 2 MB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits

    Read original at edgar