Apr 13, 2015 Newsdesk Industry Talk, Latest News, Top of the deck  
Nasdaq-listed International Game Technology Plc and wholly-owned subsidiary International Game Technology, on Friday made offers to purchase for cash two series of notes issued by the latter. The notes are for a combined aggregate principal of US$800 million.
The purchase price offer equals 101 percent of the principal amount of the notes plus any accrued and unpaid interest up to, but not including, the date of purchase of the notes, International Game Technology Plc said in a press release.
The notes are due in 2020 and 2023, respectively. The offers expire on May 8.
The offers are being made to satisfy the requirements of the indentures governing the notes as a result of International Game Technology’s acquisition. GTech SpA and International Game Technology last week completed a cross-border merger of their businesses under International Game Technology Plc.
International Game Technology is also offering to pay US$2.5 cash consent fees to holders of the notes who consent to amendments changing the terms of each series. The goal of the amendments is to reflect the corporate changes regarding International Game Technology following the merger.
The consent deadline is April 23. Payment of the consent fee for each series of the notes is subject to International Game Technology receiving a majority of consents with respect to such series.
Apr 10, 2024
Apr 05, 2024
Apr 26, 2024
Apr 26, 2024
Apr 26, 2024
The Edge financial news outlet reported on Friday a statement on behalf of Malaysian businessman Vincent Tan of lottery specialist Berjaya Corp Bhd, describing as “inaccurate” reports of talks on...(Click here for more)
"With our ambition to be the leading gaming platform for the regulated online real money gaming industry, the addition of NeoGames to our team advances our strategy to build global scale and capability"
Trevor Croker
Chief executive of Aristocrat Leisure