Scientific Games (SGMS) Announces Proposed Private Offering of $200 Million of Senior Subordinated Notes due 2019
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Scientific Games Corporation (Nasdaq: SGMS) announced that its subsidiary, Scientific Games International, Inc., intends, subject to market and other conditions, to offer $200 million aggregate principal amount of senior subordinated notes due 2019 in a private offering to qualified institutional buyers in accordance with Rule 144A and Regulation S under the Securities Act of 1933.
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Scientific Games intends to use the net proceeds from the offering for general corporate purposes, including the repurchase of a portion of its outstanding indebtedness.
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