Brightstar Lottery Launches US Dollar-Denominated Debt Offering

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Brightstar Lottery (BRSL) said Tuesday it launched a US dollar-denominated offering of senior secured notes due 2033.

Co-issued with its Brightstar Global Solutions unit, the offering's proceeds, along with cash on hand, will be used to redeem $500 million of Brightstar Lottery's outstanding $750 million of 6.25% senior secured notes due 2027 at a make-whole premium.

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