Everi sets Tuesday investor call for $400 million eight-year notes; whisper 5¼%-5½%

By Paul A. Harris

Portland, Ore., June 28 – Everi Holdings Inc. scheduled an investor conference call for a $400 million offering of eight-year senior notes at 11 a.m. ET on Tuesday, according to market sources.

The Rule 144A and Regulation S for life deal, in the market with initial guidance of 5¼% to 5½%, is set to price on Wednesday.

Jefferies LLC, Barclays, Stifel Nicolaus & Co. Inc. and Truist Securities Inc. are the joint bookrunners.

The notes come with three years of call protection.

The Las Vegas-based provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions plans to use the proceeds to repay debt.

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