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International Game announces redemption condition met for 6¼% notes
By Wendy Van Sickle
Columbus, Ohio, March 25 – International Game Technology plc said the redemption condition has been met related to its call of its 6¼% notes due 2022 (ISINs: USG4863AAB47, US460599AB91), according to a press release.
As reported on March 17, the company issued a conditional notice to fully redeem the notes on March 26.
The redemption was conditioned on the receipt of at least $750 million in gross proceeds from the sale of notes. International Game said its $750 million sale of 4 1/8% senior secured notes due 2026 has been completed.
The London-based company makes slot machines, gaming software and related technology.
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