To finance the acquisition of IGT
GTECH announces successful syndication bid of USD 10.7 B
2014-08-21
Reading time 30 seg
(US).- GTECH today announced that, in connection with the acquisition financing of International Game Technology (IGT), the company has successfully fully syndicated a 364-day committed senior bridge term loan credit facility of up to USD 10.7 B, of which approximately 45 percent is in Euros and approximately 55 percent is in U.S. dollars.
The bridge facility commitment is available to the company for 15 months in accordance with the terms of the merger agreement. The credit facility, led by Credit Suisse, Barclays, and Citigroup acting as Lead Arrangers& Joint Bookrunners, was syndicated among BNP Paribas, Credit Agricole, Deutsche Bank, IntesaSanpaolo, JP Morgan Chase, Mediobanca, SocieteGenerale, The Bank of Nova Scotia, The Royal Bank of Scotland and UniCredit Bank, acting as Co-Lead Managers and Fifth Third Bank, acting as Manager.
Leave your comment
RELATED NEWS
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
COMPANIES
Christian Genetski tapped to lead
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
Season-long branding placement
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
NYCE Marketplace
Partnership expansion
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Vor Turbo shares product overview
Sportsbook integration: Deploying betting widgets at scale
Also authorised in New Jersey, Michigan
Flows secures Pennsylvania Gaming Control Board authorisation
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Expanding footprint in regulated markets
Wazdan shortlisted in five categories at SBC Awards Americas 2026
May 12–14, Venetian Macao
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
