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International Game to repay revolver borrowings via new notes
By Marisa Wong
Los Angeles, Sept. 9 – International Game Technology plc announced it plans to repay borrowings under its senior revolving credit facilities in full using proceeds from an offering of new notes.
The paydown includes the scheduled €320 million amortization payment due under the senior term loan facility on January 2020.
The company announced on Monday that it plans to offer €500 million of senior secured notes due 2028.
The gaming company is based in London.
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