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By: citybiz
September 11, 2025

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Accel Entertainment Closes $900 Million Senior Secured Credit Facility

CHICAGO–(BUSINESS WIRE)–Accel Entertainment, (NYSE: ACEL), a growing provider of locals-focused gaming and one of the largest terminal operators in the United States, announced today that it entered into a $900 million senior secured credit facility. The Credit Facility consists of a $300 million Revolving Credit Facility and a $600 million Term Loan, each with a five-year term.

Initial borrowings from the Credit Facility were used to repay in full and terminate all outstanding commitments under Accel’s existing senior secured credit agreement.

Accel Entertainment CEO Andy Rubenstein commented, “We are pleased to complete this financing, which enhances our liquidity profile while reducing our cost of capital for the years ahead. This new facility positions us to continue investing in our distributed gaming operations, Fairmount Park Casino & Racing, and targeted growth opportunities, while maintaining a strong balance sheet as we focus on enhancing shareholder value.”

The Credit Facility is comprised of a syndicated group of banks. CIBC Bank USA acted as the Administrative Agent and Lead Arranger. Fifth Third Bank, National Association, JPMorgan Chase Bank, N.A., U.S. Bank National Association, and Truist Securities, Inc. served as Joint Lead Arrangers and Bank of America, N.A. served as Documentation Agent.

About Accel

Accel Entertainment, Inc. (NYSE: ACEL) is a growing provider of locals-focused gaming and one of the largest terminal operators in the United States, supporting more than 27,000 electronic gaming terminals in over 4,400 third-party local and regional establishments and 20 self-operated gaming locations across ten states. Through exclusive long-term contracts, Accel serves licensed non-casino locations including bars, restaurants, convenience stores, truck stops, gaming cafes, and fraternal and veteran establishments. Accel also owns and operates a racino venue.

Accel provides its local partners with a turnkey, full-service, capital-efficient gaming solution that encompasses manufacturing, content, payments, loyalty, 24/7 customer service, data analysis and reporting and cash logistics. The Company’s racino, Fairmount Park – Casino & Racing, opened in April 2025 and features over 270 electronic gaming machines, food and beverage amenities, a sports book, pari-mutuel betting and 55 days of thoroughbred horse racing a year.

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