TITLE

Scientific Games Reshuffles Debt

AUTHOR(S)
M. S.
PUB. DATE
September 2014
SOURCE
Leveraged Finance News;9/22/2014, Vol. 4 Issue 36, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Scientific Games Corp., innovator in the global lottery and regulated gaming industries, to acquire its rival slot machine maker Bally Technologies Inc. for $5.1 billion. It states that the company increases its term loan to $2 billion, plans to tap the bond market for $3.45 billion, and use $118 million in cash to finance the deal. It also mentions that Bank of America Corp., Deutsche Bank AG and Fifth Third Bancorp were among of the arrangers on the loans.
ACCESSION #
98588383

 

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