PENN Entertainment Inc, founded in 1997 and headquartered in Wyomissing, Pennsylvania, is a leading gaming and entertainment company focused on delivering fun and engaging experiences to its customers. The company operates a diverse portfolio of casinos and racetracks across the United States, providing a variety of gaming options, live events, and dining experiences.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PENN 4.13% 2029-07-01 USDPENN Entertainment Inc | United States | 2029-07-01 | 4.125 | 5.96 |
| PENN 4.13% 2029-07-01 USDPENN Entertainment Inc | United States | 2029-07-01 | 4.125 | 6.09 |
| PENN 5.63% 2027-01-15 USDPENN Entertainment Inc | United States | 2027-01-15 | 5.625 | 5.58 |
| PENN 5.63% 2027-01-15 USDPENN Entertainment Inc | United States | 2027-01-15 | 5.625 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its initial bond issuance in 2003, PENN Entertainment has strategically utilized the bond market to finance acquisitions and expansion. Notable bond issuances include a $1 billion offering in 2020, aimed at funding the acquisition of Pinnacle Entertainment, which significantly expanded its market presence. Current yields on PENN’s bonds are competitive within the industry, reflecting the company's solid credit profile and growth potential, especially as it navigates the evolving gaming landscape.