Brightstar Lottery PLC has announced the launch of $750 million in senior secured notes due in 2033.
The move comes amongst the successful redemption of all of its 6.25 percent senior secured notes due in 2027.
The new notes are to be issued by Brightstar and Brightstar Global Solutions Corporation, a wholly-owned subsidiary of Brightstar.
The securities will be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.
Settlement of the notes is expected to occur on December 15th.
The notes are only being sold to qualified institutional buyers and to non-US persons outside of the United States in offshore transactions.
Brightstar is an international lottery brand spun off from IGT, with a worldwide presence and approximately 6,000 employees.
