CIRSA successfully completes €500 million bond offering

• The offering was significantly oversubscribed.
• The proceeds will be used to refinance an existing bond maturing in 2028 and for general corporate purposes.

Terrassa, 8 July 2026.- CIRSA, a leading multinational company in gaming and entertainment and the first company in the sector in Spain, announces the successful placement of a debt issuance for a total nominal amount of €500 million, comprising 4,625% senior secured notes due 2032. The transaction attracted strong demand from leading institutional investors, with the offering oversubscribed significantly.

The proceeds will be used primarily to redeem a €375 million bond maturing in 2028, to pay the costs associated with the transaction and for general corporate purposes. In addition, this issuance results in a 325-basis-point reduction in financing costs and extends the maturity profile to six years, further strengthening the company’s financial structure in support of its strategic plan.

This is the second bond issuance carried out by CIRSA and comes just as the company approaches the first anniversary of its stock market debut on 9 July 2025. The company holds a BB- credit rating from S&P and a Ba3 rating from Moody’s. Fitch Ratings also recently initiated coverage of CIRSA, assigning the company a long-term credit rating of BB with a stable outlook.