secwatch.observer — SEC 8-K summary
======================================

Issuer:     Light & Wonder, Inc. (LNWO)
CIK:        0000750004
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001104659-26-005821
Event type: debt
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Light & Wonder amends credit agreement, adds $2.13B term loan due 2029, reduces interest margin
--------------------------------------------------------------------------------

- Amendment No. 4 creates a new $2,134,562,718.75 tranche of term loans maturing April 14, 2029.
- The amendment reduces the applicable margin on benchmark-rate term loans to 2.00% and on ABR loans to 1.00%.
- Proceeds from the new term loans will be used to repay existing Term B-2 loans and related interest.
- JPMorgan Chase provided an additional $112,997,231.34 commitment under the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750004/000110465926005821/0001104659-26-005821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750004/000110465926005821/tm263809d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-005821

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer