3 min read

Light & Wonder completes successful debt refinancing exercises

American gaming machines behemoth Scientific Games Corporation has announced that its new Light & Wonder arm has successfully completed a pair of debt refinancing transactions to reduce its aggregated arrears by some $4.8 billion.

The Las Vegas-headquartered parent used an official Thursday press release (pdf) to detail that the subordinate in charge of all of its gaming and iGaming activities now holds outstanding debts of approximately $4 billion after completing the sale of its lottery business to a subordinate of Canadian financial services giant Brookfield Asset Management In…