GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

IGT Completes Sale of Senior Notes

Fri, Apr 23, 2021

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.

    Recent Feature Articles

  • The Real Source of Success

    Playtech is looking to repeat its European success to become a preeminent supplier for North America’s embryonic iGaming market

  • Skill or Luck?

    States continue to battle unregulated “skill games,” and gaming associations continue to seek their ban, as a few states begin to regulate and tax the slot-like games

  • Changing Boundaries

    Fee-to-trust rule changes and their implications for tribal gaming

  • Everything is Bigger in Texas

    Will the biennial gambling debate finally bear fruit in the Lone Star State?

  • Aristocrat Tops Diverse Field in EKG Slot Awards

    While Aristocrat again took the top award as best overall slot supplier in the fifth EKG Slot Awards, its former dominance of the individual awards yielded to a more diverse field of winners.