Gtech further reduces the bridge loan obtained to acquire International Game Technology (IGT), a US manufacturer of slot machines. The amount drops from 10,7 to 6,6 billion dollars. This was reported in a note by the company of the De Agostini group, specifying that the extraordinary resolution was approved by the meetings of the holders of the covered bonds maturing in 2018 and 2020.
Gtech then entered into an agreement to amend the bridge loan commitment letter with Credit Suisse, Barclays and Citigroup, acting as joint lead arranger of the bridge loan, which reduces the financing by another 2,1, $0,5 billion, previously already reduced by $XNUMX billion. The lending banks see their participation reduced pro-rata.
At the opening, the Gtech stock on the Stock Exchange travels just below parity, at quotation 18,64 euro.
