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International Game Technology eyes offering of notes due 2023
By Aleesia Forni
Virginia Beach, Va., Sept. 12 - International Game Technology Inc. is planning to sell an offering of senior unsubordinated notes due 2023, according to a 424B2 filing with the Securities and Exchange Commission.
Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and Goldman Sachs & Co. are the joint bookrunners.
The company plans to use proceeds for general corporate purposes, as well as redeeming a portion of its 3.25% convertible notes due 2014.
International Game Technology is a Las Vegas-based manufacturer of gaming machines.
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