Light & wonder announces pricing of $550.0 million 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”), has priced $550.0 million in aggregate principal amount of 7.500% senior unsecured notes due 2031 (the “notes”), at an issue price of 100.000%, in a previously announced private offering. lnwi intends to use the net proceeds of the notes offering, together with cash on hand, to redeem a.
LNW Ratings Summary
LNW Quant Ranking