Light & Wonder, Inc. Announces Pricing of $1 Billion of Senior Unsecured Notes
Summary
Light & Wonder priced $1 billion of senior unsecured notes through its subsidiary Light and Wonder International. The company plans to use the proceeds to repay revolving credit borrowings and redeem its outstanding 2028 notes. It will direct any remaining funds to general corporate purposes, including possible share repurchases. The offering is expected to close on September 24, 2025, subject to customary conditions.
Funding
Amount
$1.0B
Total raised
Date
September 24, 2025
Announcement date
Investors
-
Lead investors
Company
lightandwonder.com
Funded company
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