Scientific Games Plans $125M Senior Note Offering

Law360, New York (October 29, 2009, 2:52 PM EDT) -- Lottery ticket printer and gaming supplier Scientific Games Corp. is planning to offer $125 million in senior subordinated notes due in 2019 through its Scientific Games International Inc. subsidiary.

The subsidiary already has $225 million in outstanding 9.25 percent notes due in 2019, and the new notes, to be sold in a private offering to qualified institutional buyers, will carry the same value as the existing ones, the company said Thursday.

Scientific Games plans to use the proceeds from the offering for general corporate purposes, which...
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