Light & Wonder Secures $2.13 Billion Term Loan Due 2029 at Reduced Interest Margin

Reuters

Jan 23

Light & Wonder Secures $2.13 Billion Term Loan Due 2029 at Reduced Interest Margin

Light & Wonder Inc. has announced that its wholly owned subsidiary, Light and Wonder International, Inc., entered into Amendment No. 4 to its existing Credit Agreement on January 22, 2026. This amendment establishes a new tranche of term loans totaling approximately $2.13 billion, set to mature on April 14, 2029, replacing the previous term loans. Additionally, the amendment reduces the interest margin to 2.00% per annum for term loans with a benchmark rate and to 1.00% per annum for those with an alternate base rate. JPMorgan Chase Bank, N.A. continues to serve as the administrative and collateral agent for the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Light & Wonder Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-005821), on January 22, 2026, and is solely responsible for the information contained therein.

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This amendment establishes a new tranche of term loans totaling approximately $2.13 billion, set to mature on April 14, 2029, replacing the previous term loans. Additionally, the amendment reduces the interest margin to 2.00% per annum for term loans with a benchmark rate and to 1.00% per annum for those with an alternate base rate. JPMorgan Chase Bank, N.A. continues to serve as the administrative and collateral agent for the agreement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Light &amp; Wonder Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-005821), on January 22, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1366192091.USD","symbol_name":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260122:nNDLbllQVK:1","article_id":"2605410505","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605410505","pubTimestamp":1769117848,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Light & Wonder Inc. has announced that its wholly owned subsidiary, Light and Wonder International, Inc., entered into Amendment No. 4 to its existing Credit Agreement on January 22, 2026. 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This amendment establishes a new tranche of term loans totaling approximately $2.13 billion, set to mature on April 14, 2029, replacing the previous term loans. Additionally, the amendment reduces the interest margin to 2.00% per annum for term loans with a benchmark rate and to 1.00% per annum for those with an alternate base rate. JPMorgan Chase Bank, N.A. continues to serve as the administrative and collateral agent for the agreement.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Light & Wonder Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-005821), on January 22, 2026, and is solely responsible for the information contained therein.","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":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}