Thu 09/15/2022 08:43 AM
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Relevant Items:
€350M 2027 Senior Secured Notes - OM
Historical Financials on Aggredium
Primary Analysis On Lottomatica’s 2026 PIK Notes

Italian gaming group Lottomatica is issuing €350 million in 2027 senior secured notes to fund undisclosed potential acquisitions. The price talk on the B1/B rated SSN tightened to 9.75% to 10% from the 10% area previously, offering a premium of about 1.5 percentage points to the group’s existing 2025 SSNs.

The price talk on the notes aims...
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