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International Game tenders for $500 million of 7½% notes due 2019
By Susanna Moon
Chicago, June 12 – International Game Technology plc said wholly owned subsidiary International Game Technology began a cash offer for its $500 million principal amount of 7½% notes due 2019.
The purchase price will be $1,106.25 per $1,000 principal amount.
The tender offer will end at 5 p.m. ET on June 16.
Holders also will receive accrued interest up to but excluding the settlement date of June 21.
D.F. King & Co., Inc. (800 821-8780, 212 269-5550, igt@dfking.com or dfking.com/igt.) is the tender and information agent.
Citigroup Global Markets Ltd. (+44 20 7986 8969, 800 558-3745 or 212 723-6106) and J.P. Morgan Securities LLC (866 834-4666 or 212 834-3424) are the lead dealer managers. BofA Merrill Lynch is the dealer manager.
International Game Technology is a gaming company based in Las Vegas.
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