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IGT Completes Sale of Senior Notes

IGT Completes Sale of Senior Notes

Gaming and lottery supplier International Game Technology PLC has reported that it has satisfied all conditions for the redemption of its 6.25 percent senior secured notes due 2022 after completing the sale of new US$750 million 4.125 percent senior secured notes due 2026.

The new notes will now be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

IGT reported when announcing the notes that it intends to use the net proceeds of the sale of the notes to redeem its 6.25 percent senior secured notes due 2022, with the redemption expected to take place immediately.