Scientific Games updates on financing transactions [Seeking Alpha]
Scientific Games Corp (SGMS)
Last scientific games corp earnings: 2/18 04:01 pm
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Source: Seeking Alpha
Scientific Games updates on financing transactionsScientific Games (NASDAQ:SGMS) announces that wholly owned subsidiary Scientific Games International, completed a series of financing transactions being enacted to redeem all $2.1B of its 7.000% senior secured notes due in 2022 and prepay a portion of the borrowings under its revolving credit facility.The company also updates that it entered into new floating-to-fixed interest rate swaps and will remain focused on growing cash flow and deleveraging.Source:Press ReleaseClick to subscribe to real-time analytics on SGMSNow read:If State Lotteries Get The Nod For Sports Betting After A Favorable Supreme Court Ruling, Scientific Games Could Be A Strong Contender »
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