debt
confidence high
sentiment neutral
materiality 0.60
Light & Wonder closes $1B 6.250% senior notes due 2033; to redeem $700M 2028 notes
Light & Wonder, Inc.
- Issued $1B in 6.250% senior unsecured notes due 2033 at par; guaranteed by Light & Wonder and certain subsidiaries.
- Net proceeds to repay outstanding revolver borrowings and redeem all $700M of 7.000% notes due 2028.
- Remaining proceeds for general corporate purposes, which may include repurchases of Light & Wonder equity.
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