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Scientific Games prices $3.15bn notes to fund Bally acquisition

17th November 2014 7:39 am GMT

US gaming and lottery supplier Scientific Games Corporation has announced the pricing of $3.15bn of new senior notes in conjunction with the company's pending acquisition of Bally Technologies.

The new senior notes will consist of $950m in aggregate principal amount of 7.0 per cent senior secured notes due January 1st 2022, and $2,200m in aggregate principal amount of 10.0 per cent senior unsecured notes due December 1st 2022.

The company, through its indirect wholly owned subsidiary SGMS [...]

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