INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES FULL REDEMPTION OF 3.500% SENIOR SECURED EURO NOTES DUE 2024 – Life Changer

INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES FULL REDEMPTION OF 3.500% SENIOR SECURED EURO NOTES DUE 2024

64

[ad_1]

LONDON, Oct. 27, 2023 /PRNewswire/ — International Game Technology PLC (NYSE:IGT) (“IGT“) today announced that it has exercised its right to redeem in full its €500,000,000 3.500% Senior Secured Notes due July 15, 2024 (Rule 144A:  ISIN/Common Code XS1844998192/184499819 and Regulation S:  ISIN/Common Code XS1844997970/184499797) (the “Notes“) on November 7, 2023 (the “Redemption Date“) for a redemption price of 100% of the principal amount and a make-whole premium consistent with the terms of the indenture governing the Notes, together with accrued and unpaid interest. €112,041,000 of the Notes are outstanding.

The redemption is conditioned on IGT’s receipt of sufficient proceeds under its senior revolving credit facilities to complete such redemption.

On the Redemption Date, the redemption price, together with the applicable accrued interest, will become due and payable. Unless IGT defaults in making payment of the applicable redemption price, interest, if any, on the Notes being redeemed will cease to accrue on and after the Redemption Date.

The Paying Agent for the Notes is The Bank of New York Mellon, London Branch. The Notes must be surrendered to the applicable Paying Agent to collect the applicable redemption price and accrued and unpaid interest.

This news release does not constitute a notice of the redemption of the Notes. A conditional notice of the redemption of the Notes will be sent to all registered holders thereof on or about the date hereof.

About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.IGT.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company“) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall,” “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2022 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that the financial performance of International Game Technology PLC for the current or any future financial years will necessarily match or exceed the historical published financial performance of International Game Technology PLC, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contacts
Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, +39 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190

SOURCE International Game Technology PLC

[ad_2]

Source link

Loading

Post Views: 681

64 thoughts on “INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES FULL REDEMPTION OF 3.500% SENIOR SECURED EURO NOTES DUE 2024”

  5. Every weekend i usaed too ggo to seee this website, as i wan enjoyment, ass thiks
    thyis site conationns in fact pleasant funn material
    too.

    Reply

  11. Greetings folks! I just wanted to share my opinion on this topic. I am quite intrigued by what you all have been discussing. From my perspective, I’ve observed that similar situations have come up previously. In my case, I think there is a strong argument about prioritizing such matter. Looking forward to hear more viewpoints on this! Keep up the great work, everyone. Best regards!

    [url=]https://shareyourtime.site[/url]

    Reply

  28. Howdy! This is kind of off topic but I need some guidance from an established blog.
    Is it very hard to set up your own blog? I’m not very techincal but I can figure things out pretty quick.

    I’m thinking about creating my own but I’m not sure where to start.
    Do you have any ideas or suggestions? Cheers

    Reply

  39. You really make it seem so easy with your presentation however I to find this topic to be actually one thing which I feel
    I might by no means understand. It sort of feels too complicated and extremely
    broad for me. I am taking a look forward to your next submit,
    I will try to get the dangle of it!

    Reply

  43. With havin so much content do you ever run into any problems of plagorism or copyright infringement?
    My site has a lot of exclusive content I’ve either created myself or outsourced but it looks like a lot of it is popping it
    up all over the internet without my agreement. Do you know any methods to help reduce content from being ripped
    off? I’d really appreciate it.

    Also visit my homepage local hookup facebook

    Reply

  46. With havin so much content do you ever run into any issues
    of plagorism or copyright infringement? My blog has
    a lot of completely unique content I’ve either written myself or outsourced but it seems a lot
    of it is popping it up all over the internet without my agreement.
    Do you know any solutions to help reduce content from being
    ripped off? I’d certainly appreciate it.

    Here is my blog post: hookup for sex near me

    Reply

  49. Hello there! Quick question that’s entirely off
    topic. Do you know how to make your site mobile friendly?
    My weblog looks weird when browsing from my iphone.

    I’m trying to find a theme or plugin that might
    be able to fix this issue. If you have any
    suggestions, please share. Many thanks!

    Reply

  51. Hello there, just became alert to your blog through Google, and found that it is truly informative.
    I am going to watch out for brussels. I will be grateful if you continue this in future.
    A lot of people will be benefited from your writing.
    Cheers!

    Reply

  55. When you forget the password to lock the screen, if you do not enter the correct password, it will be difficult to unlock and gain access. If you find that your boyfriend/girlfriend is suspicious, you may have thought about hacking his Samsung phone to get more evidence. Here, we will provide you with the best solution on how to crack Samsung mobile phone password. https://www.xtmove.com/how-to-track-samsung-phone-and-hack-password-without-them-knowing/

    Reply

  56. Today, I went to the beachfront with my children. I found a sea shell and
    gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She
    put the shell to her ear and screamed. There was a hermit
    crab inside and it pinched her ear. She never wants
    to go back! LoL I know this is completely off topic but I had to tell
    someone!

    Reply

  63. Having read this I thought it was really informative. I appreciate you spending some time
    and energy to put this article together. I once again find myself personally spending a significant amount
    of time both reading and commenting. But so what, it was still worth it!

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

From Omnichannel POS Systems to AI-Powered Chatbots, Technology is the Future of the Restaurant Industry |
From Omnichannel POS Systems to AI-Powered Chatbots, Technology is the Future of the Restaurant Industry |
[ad_1] The adoption of omnichannel POS platforms has transformed how restaurants operate. Instead of just…
Read More
Writers Guild of Canada Overwhelmingly Votes to Authorize Strike Over AI, Fair Pay
Writers Guild of Canada Overwhelmingly Votes to Authorize Strike Over AI, Fair Pay
[ad_1] THR Illustration / Adobe Stock Canadian writers appear ready to strike as they hold…
Read More
Congo questions Apple over knowledge of conflict minerals in its supply chain | WGN Radio 720
Congo questions Apple over knowledge of conflict minerals in its supply chain | WGN Radio 720
[ad_1] By GERALD IMRAY, Associated Press 42 mins ago FILE – A Congolese miner sifts…
Read More