Ontario Gaming GTA LP, founded in Toronto, Canada, focuses on providing high-quality gaming and entertainment experiences in the Greater Toronto Area. The company operates several gaming facilities, offering a diverse range of gaming options, including slot machines, table games, and sports betting.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ONGAME 8.00% 2030-08-01 USDOntario Gaming GTA LP | Canada | 2030-08-01 | 8.000 | 7.88 |
| ONGAME 8.00% 2030-08-01 USDOntario Gaming GTA LP | Canada | 2030-08-01 | 8.000 | 7.82 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ontario Gaming GTA LP began issuing bonds in 2019 to finance its expansion and modernization efforts. A notable issuance occurred in 2021, raising CAD 300 million to enhance its facilities and improve service offerings, currently yielding around 5.2%, which remains competitive relative to the gaming industry's average of 4.8%. The bonds feature a call option after five years, allowing the company flexibility in managing its debt portfolio. Recent news highlights Ontario Gaming's initiatives to strengthen financial stability and support community engagement through responsible gambling programs.