Brightstar Lottery PLC Successfully Prices €500 Million in Senior Secured Notes
News related to:Brightstar Lottery PLC · 2 min read
LONDON, Sept. 9, 2026 /CourierPR/ -- Brightstar Lottery PLC, a leading global provider of lottery solutions, has successfully priced €500 million in 4.875% Senior Secured Notes due in 2032. The bonds were issued by Brightstar and guaranteed by certain wholly-owned subsidiaries. The notes were priced at 99.360% of their nominal amount, marking a significant financial move for the company.
The proceeds from the sale of these notes are intended to be used for several key purposes. First, Brightstar plans to use the funds to pay the purchase price for Regulation S interests in its outstanding 2.375% Senior Secured Notes due in 2028, along with accrued and unpaid interest. Second, the company intends to repay existing borrowings under its senior revolving credit facilities. Lastly, the transaction will cover fees and expenses associated with the issuance of the notes and the tender offer.
The Notes are not being offered or sold in the United States. The offering is subject to customary market and other closing conditions and is expected to settle on September 17, 2026. The notes have been listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.
Brightstar Lottery PLC’s CEO, John Thompson, commented, "This issuance reflects our continued commitment to strengthen our financial position and enhance our liquidity. The proceeds will be instrumental in supporting our growth strategies and ensuring the stability of our operations."
The notes are not intended for retail investors in the European Economic Area (EEA) or the United Kingdom. The company has stated that the notes are only available to eligible counterparties and professional clients, and that no key information document has been prepared for retail investors in the EEA or the UK. This means that the offering may be unlawful under relevant securities laws in these jurisdictions.
Brightstar Lottery PLC, with its well-established presence in the global lottery market, continues to innovate and deliver secure technology solutions to its customers. The successful issuance of these notes underscores the company's financial strength and its ability to navigate the complexities of international financial markets.