Toronto, Ontario (FSCwire) - Quantum International Income Corp. (the "Corporation" or "Quantum") (TSXV: QIC) is pleased to announce that Lucky Bucks LLC ("LB"), Quantum's 51% owned portfolio company, has closed the US$75 million multi-draw credit facility previously announced in a press release dated February 26, 2018.  Goldman Sachs Specialty Lending Group, L.P. ("GSSLG") is acting as sole lead arranger and administrative agent under the credit facility.  This new debt facility is priced at LIBOR + 7% which will result in estimated annual interest expense savings to LB of greater than US$5 million.

"This credit facility reflects the growth and stability of the business" said Manu K. Sekhri, Chief Executive Officer of Quantum and added "having a financing bank such as GSSLG, who understands how to move quickly on acquisitions, gives us the required flexibility to pursue our primary growth strategy in Georgia".

Credit Facility Details

The agreement is comprised of a multi-draw credit facility consisting of a term loan ("Term Loan Facility") and a multi-draw term facility ("MDTL Facility" and, collectively with the Term Loan Facility, the "Credit Facilities").  The proceeds of the Credit Facilities will be used for refinancing LB's existing debt facility, financing future acquisitions, working capital and other general corporate purposes. The Credit Facilities will be available to LB on agreed upon terms including, but not limited to, the following:

• The full amount of the Initial Term Loan Facility will be drawn on the initial funding date ("Initial Funding Date").

• The MDTL Facility will be available to be drawn for permitted acquisitions from the Initial Funding Date to the date that is 24 months afterwards. Draws under the MDTL Facility will be subject to pro forma compliance with, among other things, the financial maintenance covenants set forth in the documentation for the Credit Facilities.

• The interest rate under the Credit Facilities is based on a pricing grid tied to the LB's leverage ratio. The interest rate will be calculated at LIBOR plus 7% (with LIBOR subject to a floor of 1% per annum).

• The Maturity Date is 5 years after the Initial Funding Date.

In connection with the arrangement of the Credit Facilities, LB paid GSSLG a facility fee and will also pay an un-drawn facility commitment fee under the MDTL Facility and an annual administration fee, all of which are typical to these arrangements.

About Quantum International Income Corp.

Quantum International Income Corp. is a gaming company. Quantum's vision is to build a diversified portfolio of world class gaming operations. The Corporation looks to enhance shareholder value by growing organically and through acquisitions. The Corporation has an active acquisition strategy with a particular focus on cash-flows and high margins. Currently, the Corporation is the largest operator of skill-based gaming machines in the State of Georgia.

 More information about Quantum is available online at www.quantumincomecorp.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain forward-looking statements or "forward-looking information" within the meaning of applicable Canadian securities laws ("forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Corporation's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Corporation's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Corporation believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements. The key assumptions that have been made in connection with the forward-looking statements include the following: the satisfaction of borrowing conditions precedent; payment of fees and expenses and there being no material change to the capital structure of LB and its guarantors from that which existed as at the date of the Credit Facilities.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the satisfaction of conditions precedent for additional borrowings under the Credit Facilities payment of fees and expenses, there being no material change to the capital structure of LB and its guarantors from that which existed as at the date of the Credit Facilities and the willingness of the lenders under the Credit Facilities to make additional funds available to the Corporation. Although Quantum has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Corporation disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except in accordance with applicable securities laws.

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