Silver Point Leads Financing of Acquisition of MGM Northfield Park by Clairvest
Silver Point Capital is leading the secured financing for Clairvest Group's acquisition of the operations of MGM Northfield Park (NYSE: MGM), serving as Lead Arranger and Administrative Agent on a $546 million facility. The racino is described as the largest gaming property by revenue in Ohio and features 74,000 sq ft of gaming space, ~1,600 video lottery terminals and a half-mile racetrack. Closing and funding are expected in the first half of 2026, pending customary regulatory and licensing approvals.
Silver Point manages $41 billion in assets and its Direct Lending business manages over $16 billion; Clairvest reports CAD $4.6 billion of capital under management.
Silver Point Capital è protagonista del finanziamento garantito per l'acquisizione da parte del Clairvest Group delle operazioni di MGM Northfield Park (NYSE: MGM), fungendo da Lead Arranger e Administrative Agent su una facilità da 546 milioni di dollari. Il racino è descritto come la più grande proprietà di gioco per entrate in Ohio e dispone di 74.000 piedi quadrati di spazio di gioco, ~1.600 terminali di videolottery e un ippodromo di mezzo miglio. La chiusura e il finanziamento sono previsti nella prima metà del 2026, soggetti alle consuete approvazioni regolamentari e di licenza.
Silver Point gestisce $41 miliardi di attivi e il suo ramo Direct Lending gestisce oltre $16 miliardi; Clairvest riporta CAD $4,6 miliardi di capitale gestito.
Silver Point Capital lidera el financiamiento garantizado para la adquisición por parte de Clairvest Group de las operaciones de MGM Northfield Park (NYSE: MGM), actuando como Lead Arranger y Administrative Agent en una facilidad de $546 millones. El racino se describe como la propiedad de juego por ingresos más grande de Ohio y cuenta con 74.000 pies cuadrados de espacio de juego, ~1.600 terminales de lotería de video y una pista de medio milla. Se espera el cierre y la financiación en la primera mitad de 2026, sujeto a las aprobaciones regulatorias y de licencia habituales. Silver Point administra $41 mil millones de activos y su negocio de Direct Lending gestiona más de $16 mil millones; Clairvest informa CAD $4,6 mil millones de capital bajo gestión.
Silver Point Capital은 Clairvest Group이 MGM Northfield Park(NYSE: MGM)의 운영을 인수하는 데 필요한 담보 금융에서 Lead Arranger 및 Administrative Agent로서 $546 million 규모의 시설을 주도하고 있습니다. 이 레이싱-카지노 복합단지는 오하이오주에서 수익 기준으로 가장 큰 게임 자산으로 설명되며, 74,000 제곱피트의 게임 공간, 약 1,600대의 비디오 로터리 터미널 및 반마일의 경주 트랙을 갖추고 있습니다. 종료 및 자금 조달은 일반적인 규제 및 면허 승인을 전제로 2026년 상반기에 이루어질 예정입니다. Silver Point는 자산을 $41 billion 관리하고 있으며 Direct Lending 사업은 $16 billion 이상을 관리합니다; Clairvest는 관리 중인 자본으로 CAD 46억 달러를 보고합니다.
Silver Point Capital pilote le financement garanti pour l'acquisition par le Clairvest Group des opérations de MGM Northfield Park (NYSE: MGM), agissant en tant que Lead Arranger et Administrative Agent sur une facilité de $546 millions. Le racino est décrit comme la plus grande propriété de jeu par revenus dans l'Ohio et dispose de 74 000 pieds carrés d'espace de jeu, ~1 600 terminaux de loterie vidéo et une piste d'hippodrome d'un demi-mile. La clôture et le financement devraient avoir lieu dans la première moitié de 2026, sous réserve des procédures réglementaires et des licences habituelles. Silver Point gère $41 milliards d'actifs et son activité Direct Lending gère plus de $16 milliards; Clairvest indique CAD $4,6 milliards de capital sous gestion.
Silver Point Capital führt die gesicherte Finanzierung für die Übernahme der Betriebe von MGM Northfield Park (NYSE: MGM) durch die Clairvest Group an und fungiert als Lead Arranger sowie Administrative Agent für eine Finanzierung in Höhe von 546 Millionen USD. Das Racino wird als die umsatzstärkste Glücksspielimmobilie in Ohio beschrieben und verfügt über 74.000 Quadratfuß Spielraum, ca. 1.600 Videolotterie-Terminals und eine halbe Meile lange Rennbahn. Der Abschluss und die Finanzierung werden voraussichtlich in der ersten Hälfte von 2026 erfolgen, vorbehaltlich üblicher regulatorischer und Lizenzgenehmigungen. Silver Point verwaltet 41 Milliarden USD Vermögen, und sein Direct-Lending-Geschäft verwaltet über 16 Milliarden; Clairvest meldet CAD 4,6 Milliarden Kapital unter Verwaltung.
Silver Point Capital تقود التمويل المضمون لاستحواذ Clairvest Group على عمليات MGM Northfield Park (NYSE: MGM)، وتعمل كـ Lead Arranger و Administrative Agent على تسهيل تمويل بقيمة $546 مليون. يوصف الرّيسينُو بأنه أكبر عقار ألعاب من حيث الإيرادات في ولاية أوهايو ويتميز بمساحة ألعاب تبلغ 74,000 قدم مربع، وما يقرب من 1,600 محطة فيديو للوتري وسباق مضمار بطول نصف ميل. من المتوقع الإغلاق والتوفير في النصف الأول من 2026، رهناً بالموافقات التنظيمية والتراخيص المعتادة. تدير Silver Point أصولاً بقيمة $41 مليار وتدير وحدة Direct Lending أكثر من $16 مليار; وتبلغ Clairvest عن رأس مال مُدار بقيمة CAD 4.6 مليار.
Silver Point Capital 正在为 Clairvest Group 收购 MGM Northfield Park (NYSE: MGM) 的运营提供有担保融资，担任 Lead Arranger 及 Administrative Agent，融资规模为 $546 million。该 racino 被描述为俄亥俄州收入最高的博彩物业，拥有 74,000 平方英尺的博彩空间、约 1,600 台视频彩票终端 和半英里的赛道。完成与资金拨付预计在 2026 年上半年进行，需符合相关监管与许可的惯常批准流程。Silver Point 管理约 $41 billion 资产，其 Direct Lending 业务管理超过 $16 billion；Clairvest 报告管理的资本为 CAD 46 亿。
- $546 million secured credit facility led by Silver Point
- MGM Northfield Park is largest gaming property by revenue in Ohio
- Transaction targeted to close in H1 2026
- Silver Point manages $41 billion in assets; Direct Lending > $16 billion
- Deal closing and funding subject to customary regulatory and licensing approvals
Insights
Silver Point is leading a
The financing role means Silver Point will arrange and administer the secured credit facility backing Clairvest's acquisition of MGM Northfield Park. The facility size, the secured status, and Silver Point's position as Lead Arranger and Administrative Agent indicate lender control over covenant design and collateral enforcement rights.
Key dependencies and risks include completion of customary regulatory and licensing approvals and successful closing in
MGM Northfield Park, currently owned by MGM Resorts International (NYSE: MGM), is the largest gaming property by revenue in
The transaction is expected to close and fund in the first half of 2026, pending customary regulatory and licensing approvals.
"We are pleased to deliver a tailored financing solution to the Clairvest team, as they bring a 25-year track record of investing in the gaming industry to their investment in Northfield Park," said Anthony DiNello, Head of Direct Lending at Silver Point Capital.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of
About Clairvest
Clairvest's mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD
About Silver Point
Silver Point is a leading global credit investing firm founded in 2002. With a dedicated team of over 350 employees, Silver Point oversees
Media Contacts:
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SilverPoint@kekstcnc.com
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SOURCE Silver Point Capital
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