Everi Payments sets roadshow for $375 million eight-year notes; proceeds to refinance 10% notes

By Paul A. Harris

Portland, Ore., Nov. 14 – Everi Payments, Inc. plans to start a roadshow on Wednesday in New York for a $375 million offering of eight-year senior notes, according to an informed source.

The roadshow moves to Boston on Thursday and to Los Angeles on Friday. Further information on the marketing of the deal remains to be determined.

The Rule 144A and Regulation S for life offering is set to price early in the Nov. 20 week.

Jefferies LLC is the left bookrunner. Macquarie Capital is the joint bookrunner.

The notes come with three years of call protection.

The Las Vegas-based provider of gaming technology plans to use the proceeds to refinance its 10% notes due 2022.

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