GTECH has moved a step closer to acquiring US gaming supplier International Game Technology (IGT) following the successful pricing of a series of senior secured notes worth approximately $5.0bn.
The senior secured notes have been denominated in US dollars ($3.2bn) and Euros (€1.6bn), and are equivalent in aggregate to approximately $5.0bn at yesterday’s exchange rate.
Subject to customary closing conditions, the notes are part of the company’s financing for the acquisition of IGT.
GTECH said that the offering [...]
