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International Game Technology calls subsidiary’s 5.35% notes due 2023
By Marisa Wong
Los Angeles, Dec. 22 – International Game Technology plc announced that direct wholly owned subsidiary International Game Technology (a Nevada corporation) has exercised its option to redeem in full its $60,567,000 5.35% notes due 2023 (Cusip: 459902AT9) on Jan. 23.
The redemption price is equal to the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date on a semiannual basis at Treasuries plus 40 basis points.
The issuer will also pay accrued interest.
The paying agent is Computershare Trust Co., NA.
International Game Technology is a London-based gaming company.
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