Light & wonder, inc. announces proposed private offering of $1 billion of senior unsecured notes

Las vegas--(business wire)--light & wonder, inc. (nasdaq and asx: lnw) (“light & wonder” or the “company”) today announced that its wholly owned subsidiary, light and wonder international, inc. (“lnwi”), intends, subject to market and other conditions, to offer $1 billion in aggregate principal amount of senior unsecured notes due 2033 (the “notes”) in a private offering. lnwi intends to use the net proceeds of this offering (i) to repay all outstanding borrowings under its revolving cr.
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