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Light & Wonder Announces $1 Billion Notes Pricing

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Light & Wonder Announces $1 Billion Notes Pricing

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Light & Wonder ( (LNW) ) just unveiled an update.

On September 10, 2025, Light & Wonder, Inc. announced the pricing of $1 billion in senior unsecured notes due 2033 by its subsidiary, Light and Wonder International, Inc. The proceeds from this offering will be used to repay existing borrowings, redeem outstanding notes due 2028, and for general corporate purposes. This strategic financial move is expected to enhance the company’s financial flexibility and strengthen its market position.

The most recent analyst rating on (LNW) stock is a Hold with a $93.00 price target. To see the full list of analyst forecasts on Light & Wonder stock, see the LNW Stock Forecast page.

Spark’s Take on LNW Stock

According to Spark, TipRanks’ AI Analyst, LNW is a Neutral.

Light & Wonder’s overall stock score is driven by strong earnings growth and strategic initiatives, despite challenges in revenue growth and high leverage. The technical indicators suggest caution, and the valuation is moderate. The strategic corporate events support long-term growth.

To see Spark’s full report on LNW stock, click here.

More about Light & Wonder

Light & Wonder, Inc. is a leading cross-platform global games company, known for delivering immersive gaming experiences through its three complementary businesses. The company leverages the talents of its 6,500+ team members to create content that connects with players across various platforms, while maintaining high standards of integrity and sustainability.

Average Trading Volume: 1,033,038

Technical Sentiment Signal: Sell

Current Market Cap: $7.51B

See more insights into LNW stock on TipRanks’ Stock Analysis page.

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