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Light & Wonder Plans $1B Note Offering to Reshape Debt Profile

9:02am on Thursday 11th of September, 2025 AEST Technology
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Light & Wonder Plans $1B Note Offering to Reshape Debt Profile

9:02am on Thursday 11th of September, 2025 AEST
Key Points
  • Proposed $1 billion senior unsecured notes due 2033
  • Offering conducted via wholly owned subsidiary Light and Wonder International, Inc.
  • Proceeds to repay revolving credit facility and redeem $700 million 2028 notes
  • Remaining funds earmarked for general corporate purposes, including possible equity buybacks
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