PENN Entertainment its $600 million private offering of senior notes

On March 16, 2026, PENN Entertainment, Inc. (Nasdaq: PENN) completed a private offering of $600 million of 6.750% senior notes due 2031.  PENN intends to use the net proceeds from the sale to repay certain amounts outstanding under its existing credit facility and for general corporate purposes.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to PENN.