Light & Wonder, Inc. Announces Proposed Private Offering of $1 Billion of Senior Unsecured Notes

(NASDAQ:LNW) LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or the “Company”) today announced that its wholly owned subsidiary, Light and Wonder International, Inc. (“LNWI”), intends, subject to market and other conditions, to offer $1 billion in aggregate principal amount of senior unsecured notes due 2033 (the “Notes”) in a private offering. LNWI intends to use the net proceeds of this offering (i) to repay all outstanding borrowings under its revolving cr