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Revolver + Term Notes | Digital Gaming | Public

December 2017 - Integrity Gaming Corp., f/k/a Poydras Gaming Finance Corp. (TSX-V: IGAM) (OTCQX: IGAMF) ("Integrity" or the "Company"), a leading provider of gaming machines to casino operators in Oklahoma and Texas, closed a one-stop financing. The facility, consisting of $27 million of senior debt (with $18 million drawn at close) and $14 million of subordinated debt, refinanced existing indebtedness at a lower rate and also provided access to incremental growth capital. For more detail, please review the Company's press release.

 

Spinta Capital ("Spinta") served as the Company's exclusive advisor.  Peter Macy, Co-Founder and CEO of Poydras, commented that: "Spinta provided immediate access to a number of unique and relevant financing sources, helping us quickly create a range of financing options. Unlike other advisors, they custom-tailored their service, assisting with key aspects of the process that mattered most to us, while minimizing transaction costs. Overall, I am thrilled with the outcome and highly recommend Spinta to other growth companies seeking debt."

 

About Spinta Capital

Spinta Capital is a unique advisory firm dedicated to helping mid and later stage emerging growth companies efficiently raise debt capital for business expansion. With a goal of optimizing capital cost and flexibility, we assist management teams in navigating the growth debt ecosystem with speed and intelligence, while employing a non-invasive fee structure.  Founders, CEOs, CFOs and VCs rely on Spinta Capital when considering low cost, flexible growth loans.  www.spintacap.com

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