International Game extends multicurrency revolvers, amends leverage

By Tali Rackner

Norfolk, Va., July 28– International Game Technology plc amended its $1.8 billion and €1.05 billion multicurrency revolving credit facilities to extend the maturities to July 2021 from November 2019, according to a press release.

In addition, the maximum leverage ratio was increased by 0.25 times through the third quarter of 2019.

The amendment reflects advantageous market conditions that provide the company with substantial financial flexibility for the next several years, the release said.

International Game Technology is a gaming company based in Las Vegas.

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