Gtech announces intention in respect of outstanding guaranteed notes in connection with international game technology transaction
Gtech announced today that, in connection with Gtech's pending acquisition of International Game Technology, the holders of the following series of guaranteed notes issued by Gtech and guaranteed by Gtech Corporation, Gtech Holdings Corporation, Gtech Rhode Island LLC (the successor to Gtech Rhode Island Corporation) and Invest Games S.A.: “EUR 500,000,000 5.375% Guaranteed Notes due 2018” (XS0564487568) (the “2018 Notes”), and “EUR 500,000,000 3.500% Guaranteed Notes due 2020” (XS0860855930) (the “2020 Notes”) are called in noteholders meetings on November 24, 2014, on first call, and, if necessary, on November 25 and November 26, 2014, in second and third call, at 3:00 p.m. (CET) in relation to noteholders of the 2018 Notes, and at 5:00 p.m. (CET) in relation to the noteholders of the 2020 Notes, to approve certain matters in connection with the Transaction.
Scritto da Redazione GiocoNews
Gtech intends to exercise the call option provided for in the terms and conditions of the 2018 Notes and the 2020 Notes respectively, in respect of each series for which the extraordinary resolution is not approved.
Separately, Gtech hereby announces its intention to exercise the call option provided for in the terms and conditions of its EUR 750,000,000 5.375% Guaranteed Notes due 2016 (XS0471074822). The exercise of such call option will be the subject of a separate notification in due course. The EUR 750,000,000 Subordinated Interest – Deferrable Capital Securities due 2066 (XS0254095663), (the “Capital Securities”) which are issued by Gtech and outstanding, do not require the consent of the holders of such Capital Securities in connection with the Transaction.
The notices of call have been published on Gtech’s website at www.gtech.com, in the section entitled “Governance - Documents and reports - Noteholders Meetings”, on the Luxembourg Stock Exchange website at www.borse.lu, and on the “1info” central storage device (www.1info.it), as well as in extracted form in the print version of Il Sole24Ore. Such notices of call also have been disseminated to the noteholders of the 2018 Notes and of the 2020 Notes through Clearstream, Luxembourg, and Euroclear.