Brightstar Lottery PLC Announces Successful Pricing of $750,000,000 of Senior Secured Notes Due 2033 and Notice of Redemption of All of Its 6.25% Senior Secured Notes Due 2027
Prnewswire·2025-12-03 21:05

Core Viewpoint - Brightstar Lottery PLC successfully priced $750 million in 5.750% Senior Secured Notes due 2033, intending to use the proceeds to redeem existing 6.25% Senior Secured Notes due January 15, 2027, at a redemption price of $1,012.20 per $1,000.00 [1] Group 1: Financial Details - The Notes will be issued by Brightstar and its wholly-owned subsidiary, Brightstar Global Solutions Corporation, and guaranteed by certain other subsidiaries [1] - The settlement of the Notes is expected to occur on December 15, 2025, subject to customary market conditions [1] - The proceeds will be used to redeem $750 million of the outstanding 6.25% Notes due 2027 and to cover debt issuance costs [1] Group 2: Regulatory and Market Information - Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin [1] - The Notes are being offered only to qualified institutional buyers and non-U.S. persons outside the United States [1] Group 3: Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, known for delivering secure technology and comprehensive solutions [2] - The company employs approximately 6,000 people and partners with governments and regulators worldwide [2]

Brightstar Lottery PLC Announces Successful Pricing of $750,000,000 of Senior Secured Notes Due 2033 and Notice of Redemption of All of Its 6.25% Senior Secured Notes Due 2027 - Reportify