Light & Wonder subsidiary proposes $1B senior notes offering to refinance 2028 notes

Light & Wonder, Inc.

Light and Wonder International proposes $1B senior unsecured notes due 2033; no coupon disclosed.
Net proceeds to repay revolver, redeem all $700M of 7.000% senior notes due 2028, plus fees.
Remaining proceeds for general corporate purposes including potential equity repurchases.
Notes guaranteed by Light & Wonder on senior unsecured basis; private offering under Rule 144A/Reg S.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.