Scientific Games to hold bank meeting Thursday for $360 million facility

By Paul A. Harris

St. Louis, Mo., Oct. 16 - The bank meeting is set for Thursday on Scientific Games Corp.'s $360 million credit facility, according to a market source. Pricing on the facility is open, the source added.

Bear Stearns is the lead bank.

The facility is comprised of an $85 million five-year revolver and a $275 million six-year term loan B.

Proceeds will be used to refinance existing debt.

The New York City-based company services state lottery businesses, manufactures scratch tickets, and manufactures and services lottery game machines.

© 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.