Flutter Entertainment plc announced the launch of an offering of $1,050 million equivalent aggregate principal amount of USD-denominated senior secured notes due 2029 and EUR-denominated senior secured notes due 2029 by its subsidiary Flutter Treasury DAC (the "Issuer"). An application will be made for the Notes to be admitted to trading on The International Stock Exchange Authority Limited. Flutter intends to use the proceeds of the Offering (i) to repay borrowings under the existing syndicated facility agreement dated July 10, 2018, (ii) to repay borrowings under the existing multi-currency revolving credit facility, and (iii) to pay certain costs, fees and expenses in connection with the Offering.