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RBC underwrites facilities for Camelot acquisition

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, is managing lead arranger and sole bookrunner of the acquisition facilities supporting Ontario Teachers’ Pension Plan’s bid for UK National Lottery operator Camelot.

The acquisition facilities were underwritten by RBC Capital Markets.

Royal Bank of Scotland and Macquarie Bank have also joined the transaction as MLAs, and Export Development Canada is expected to join as an MLA shortly.

Details of the facilities are expected in the coming days.
Camelot is the exclusive operator of the UK National Lottery. It operates under a ten-year licence awarded by the lottery regulator, the National Lottery Commission, which is a government appointed body. Camelot has run the lottery since inception in 1994 and its new license began in February 2009.

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