International Game buys back $114.1 million 2.6% convertibles

By Angela McDaniels

Tacoma, Wash., Feb. 12 - International Game Technology repurchased $114.1 million of its $825 million 2.6% senior convertible debentures due 2036 between the beginning of the year and Feb. 9, according to its 10-Q report for the fourth quarter filed with the Securities and Exchange Commission.

The company said it may use open-market, privately negotiated or structured transactions to repurchase additional convertibles depending on market conditions and other factors.

International Game Technology makes gaming machines and systems and is based in Reno, Nev.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.