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Light & Wonder Prices $1 Billion Notes to Reshape Debt Profile

9:03am on Thursday 11th of September, 2025 AEST Technology
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Light & Wonder Prices $1 Billion Notes to Reshape Debt Profile

9:03am on Thursday 11th of September, 2025 AEST
Key Points
  • Issued $1 billion senior unsecured notes at 6.25% due 2033
  • Proceeds to repay revolving credit facility borrowings
  • Redeeming $700 million of 7.00% notes due 2028
  • Remaining funds earmarked for general corporate purposes, including possible equity buybacks
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