Chad Beynon

Gregory Gibas

Steven Pizzella

Greg Gibas

Steve Pizzella

Greg Kibis

Samir Ghafir

Steve Bezella

- Accel Entertainment, Inc. closed a **$900 million senior secured credit facility** on **September 10, 2025**, which includes a **$300 million Revolving Credit Facility** and a **$600 million Term Loan**, both with a **five-year term**.  **[1698991_0001698991-25-000036_pressreleasedatedseptember.htm:0]** 
- Initial borrowings from this new facility were used to **repay in full and terminate all outstanding commitments** under Accel's existing senior secured credit agreement.  **[1698991_0001698991-25-000036_pressreleasedatedseptember.htm:0]** 
- CEO Andy Rubenstein stated that this financing **enhances the company's liquidity profile** and **reduces its cost of capital**, positioning it for continued investment in distributed gaming operations, Fairmount Park Casino & Racing, and targeted growth opportunities.  **[1698991_0001698991-25-000036_pressreleasedatedseptember.htm:0]** 
- The credit agreement includes a financial covenant that the First Lien Net Leverage Ratio, commencing with the Test Period ending **September 30, 2025**, shall not be greater than **4.75 to 1.00**.  **[1698991_0001698991-25-000036_accel-cibccreditagreements.htm:245]**

Accel Entertainment (ACEL)