Light & Wonder Enters Into $800 Million Term Facility With JP Morgan for Purchase of Grover Gaming's Charitable Gaming Business

MT Newswires Live

2025/05/19

Light & Wonder's (ASX:LNW) Delaware subsidiary on May 15 entered into an $800 million term loan A facility with JP Morgan as administrative and collateral agent, according to a Monday filing with the Australian bourse.

The facility will mature on May 15, 2028. It will bear an interest set at either the adjusted term secured overnight financing rate plus 1.75% or the base rate plus 0.75%.

Proceeds were used for the acquisition of Grover Gaming's charitable gaming business that was completed on May 16 for total consideration of $850 million cash and a four-year revenue-based earn-out of up to $200 million cash, the filing stated.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2536528526"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2536528526\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2536528526?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-19 10:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536528526","market":"sg","top_or_hot":-1,"title":"Light & Wonder Enters Into $800 Million Term Facility With JP Morgan for Purchase of Grover Gaming's Charitable Gaming Business","media":"MT Newswires Live","content":"<html><body><p> Light &amp; Wonder's (ASX:LNW) Delaware subsidiary on May 15 entered into an $800 million term loan A facility with JP Morgan as administrative and collateral agent, according to a Monday filing with the Australian bourse.</p><p>The facility will mature on May 15, 2028. It will bear an interest set at either the adjusted term secured overnight financing rate plus 1.75% or the base rate plus 0.75%.</p><p>Proceeds were used for the acquisition of Grover Gaming's charitable gaming business that was completed on May 16 for total consideration of $850 million cash and a four-year revenue-based earn-out of up to $200 million cash, the filing stated.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Light & Wonder Enters Into $800 Million Term Facility With JP Morgan for Purchase of Grover Gaming's Charitable Gaming Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLight & Wonder Enters Into $800 Million Term Facility With JP Morgan for Purchase of Grover Gaming's Charitable Gaming Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-05-19 10:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Light &amp; Wonder's (ASX:LNW) Delaware subsidiary on May 15 entered into an $800 million term loan A facility with JP Morgan as administrative and collateral agent, according to a Monday filing with the Australian bourse.</p><p>The facility will mature on May 15, 2028. It will bear an interest set at either the adjusted term secured overnight financing rate plus 1.75% or the base rate plus 0.75%.</p><p>Proceeds were used for the acquisition of Grover Gaming's charitable gaming business that was completed on May 16 for total consideration of $850 million cash and a four-year revenue-based earn-out of up to $200 million cash, the filing stated.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2065169927.USD","symbol_name":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2536528526","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536528526","pubTimestamp":1747622243,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Light & Wonder's  Delaware subsidiary on May 15 entered into an $800 million term loan A facility with JP Morgan as administrative and collateral agent, according to a Monday filing with the Australian bourse.The facility will mature on May 15, 2028. It will bear an interest set at either the adjusted term secured overnight financing rate plus 1.75% or the base rate plus 0.75%.Proceeds were used for the acquisition of Grover Gaming's charitable gaming business that was completed on May 16 for total consideration of $850 million cash and a four-year revenue-based earn-out of up to $200 million cash, the filing stated.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","BK7078":"赌场与赌博","BK4150":"赌场与赌博","LNW":"Light & Wonder","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LNW.AU":"Light & Wonder Inc","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC"},"translate_title":"Light&Wonder与摩根大通签订8亿美元定期贷款，收购Grover Gaming的慈善博彩业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LNW":1,"LNW.AU":0.9},"content_text":"Light & Wonder's (ASX:LNW) Delaware subsidiary on May 15 entered into an $800 million term loan A facility with JP Morgan as administrative and collateral agent, according to a Monday filing with the Australian bourse.The facility will mature on May 15, 2028. It will bear an interest set at either the adjusted term secured overnight financing rate plus 1.75% or the base rate plus 0.75%.Proceeds were used for the acquisition of Grover Gaming's charitable gaming business that was completed on May 16 for total consideration of $850 million cash and a four-year revenue-based earn-out of up to $200 million cash, the filing stated.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}