Saturday 20 September 2025

IAG

No Result

View All Result

No Result

View All Result

IAG

No Result

View All Result

IGT completes US$750 million sale of new senior notes

by Newsdesk

Fri 26 Mar 2021 at 05:02

IGT slips to 2Q20 loss on 48% global revenue decline

14

SHARES

351

VIEWS

Global gaming giant IGT says it has satisfied all conditions for the redemption of its 6.250% Senior Secured Notes due 2022 after completing the sale of new US$750 million 4.125% senior secured notes due 2026.

The company announced last week the issue of the new notes, which will now be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

IGT said at the time it intends to use the net proceeds of the sale of the notes to redeem its 6.250% Senior Secured Notes due 2022, with the redemption expected to take place immediately.

The issue and redemption of the notes come after IGT reported a net loss of US$898 million for FY20 as a result of global COVID-19 casino closures.

RelatedPosts

1xBet and Paris Saint-Germain extend partnership for three more seasons

1xBet and Paris Saint-Germain extend partnership for three more seasons

Thu 18 Sep 2025 at 22:18

Melco’s Tokyo office raided by Public Prosecutor as Akimoto scandal deepens

Melco prices new notes offering at US$500 million

Wed 17 Sep 2025 at 06:16

Melco wins sustainability awards for “Above and Beyond” strategy

Melco proposes new notes offering, looking to redeem outstanding 2026 notes

Mon 15 Sep 2025 at 22:49

Comtrade Gaming to expand reach of in-house studio CG Games via partnership with Interwetten

Comtrade Gaming to expand reach of in-house studio CG Games via partnership with Interwetten

Mon 15 Sep 2025 at 22:05

Load More

Tags: Europe IGT International Game Technology senior notes slot machines

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke

Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke

Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia

Evolution Asia

GLI

Mindslot

Solaire

Tecnet

NWR

NWR

Related Posts

Macau visitor arrivals up 15% month-on-month to 3.3 million in February

Visitor arrivals to Macau hit record monthly high of 4,219,034 in August

Sat 20 Sep 2025 at 00:30

Visitor arrivals to Macau reached a new record monthly high of 4,219,034 in August, representing a year-on-year increase of 15.5%. According to data from the Statistics and Census Service (DSEC), mainland Chinese visitors constituted the largest group in August, rising...

MGM Resorts unveils Osaka IR concept

MGM Resorts names long-term executive Steve Zanella as President and COO of Japan integrated resort MGM Osaka

by Ben Blaschke

Fri 19 Sep 2025 at 18:20

MGM Resorts has named Steve Zanella, one of the company’s long-time Las Vegas executives, as its new President and COO of Japan Operations – responsible for ensuring the US$10 billion MGM Osaka integrated resort development meets expected world-class standards. Zanella’s...

Macau’s six concessionaires contribute a combined US$30 million to support the upcoming National Games

Macau’s six concessionaires contribute a combined US$30 million to support the upcoming National Games

Fri 19 Sep 2025 at 18:02

The forthcoming 15th National Games of China and the 12th National Para Games of China, alongside the 9th National Special Olympics – collectively referred to as the National Games and Para Games – have received a combined sponsorship of MOP$240...

Melco to continue operations of satellite casino Grand Dragon through end-2022

Melco’s Grand Dragon satellite casino and Mocha Kuong Fat slots club to cease operations next week

Fri 19 Sep 2025 at 14:56

Melco Resorts & Entertainment will terminate the operations of Grand Dragon Casino and Mocha Kuong Fat from next week, the company has announced. In a statement, Melco said that Grand Dragon Casino will close its doors permanently just before midnight...

No Result

View All Result

© 2005-2025
Inside Asian Gaming.
All rights reserved.