New Issue-Int'l Game Technology sells $500 mln 10-yr notes

Wed Jun 10, 2009 4:03pm EDT
 
[-] Text [+]
  June 10 (Reuters) - Electronic gaming equipment
manufacturer International Game Technology (IGT.N) on Wednesday
sold $500 million in 10-year senior notes, said IFR, a Thomson
Reuters service.
  Bank of America, Goldman Sachs, RBS, and Wachovia were the
active bookrunning managers for the sale. Mitsubishi UFJ,
Morgan Stanley, Mizuho, and Deutsche Bank were the passive
bookrunners.
BORROWER: INTERNATIONAL GAME TECHNOLOGY
AMT $500 MLN      COUPON 7.50 PCT     MATURITY 6/15/2019 
TYPE SR NOTES     ISS PRICE 99.453    FIRST PAY 12/15/2009
MOODY'S Baa2      YIELD 7.579 PCT     SETTLEMENT 6/15/2009
S&P BBB           SPREAD 362.5 BPS/   PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    MAKE-WHOLE-CALL 50 BPS

 

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