International Game gets tenders for $356 million 7˝% notes due 2019

By Susanna Moon

Chicago, June 19 – International Game Technology plc said investors had tendered $356,415,000 of 7˝% notes due 2019 in the offer that ended at 5 p.m. ET on June 16.

As announced June 12, the company’s wholly owned subsidiary, International Game Technology, ran a cash offer for its 7˝% notes at a purchase price that will be $1,106.25 per $1,000 principal amount.

The tendered amounts include $797,000 principal amount of notes tendered under guaranteed delivery procedures, according to a company update on Monday.

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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