Enthusiast Gaming Secures $20 Million Term Loan To Fuel Growth

LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSX: EGLX) (“Enthusiast Gaming” or the “Company”), a leading gaming and media company, announced today that it has received a $20 million four-year non-revolving term loan (the “Term Loan”). The financing was arranged pursuant to a credit agreement (the “Credit Agreement”) with lenders (the “Lenders”) led by Beedie Investments Ltd. (“Beedie Capital”), which is also the administrative and collateral agent.