Brightstar Lottery PLC (NYSE: BRSL) priced €500 million in 4.875% senior secured notes due 2032, with an issue price of 99.360% of their nominal amount. The notes are guaranteed on a senior basis by certain of Brightstar's wholly-owned subsidiaries and are listed on the Official List of Euronext Dublin and admitted to trading on its Global Exchange Market.
The proceeds from the offering will be used to pay the purchase price for Regulation S interests in its outstanding 2.375% senior secured notes due 2028 under a tender offer announced on September 8, 2026. The proceeds will also be used to repay utilizations under its senior revolving credit facilities and to pay fees and expenses related to the offering and the tender offer.
Brightstar Lottery serves nearly 90 lottery customers on six continents and is the primary technology provider to 26 of the 46 lottery jurisdictions in the U.S. and 8 of the world's 10 largest lotteries with central systems. The company has approximately 6,000 employees.
