International Game Technology (IGT) has released an update.
International Game Technology PLC has announced the successful pricing of €500 million in Senior Secured Notes due 2030 and plans to redeem all of its 6.5% Senior Secured Notes due 2025. The proceeds from the new notes will cover the redemption costs, debt issuance costs, and support general corporate purposes. The new notes, which will not be registered under the U.S. Securities Act, will be offered to qualified institutional buyers and non-U.S. persons in compliance with applicable regulations.
For further insights into IGT stock, check out TipRanks’ Stock Analysis page.