IFLR1000

Playtech €350 million 4.25% notes issue

7/3/2019
High-yield bond/note issue
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€ 350 million

$ 398.841 million

Completed

7/3/2019

Overview:

  • Playtech has issued €350 million in 4.25% notes.
  • The notes, due 2026, were listed on the Official List of Euronext Dublin and to trading on the Global Exchange Market.
  • The proceeds of the issue will be used to redeem the company's outstanding €297 million senior convertible bonds due November 2019.
  • Playtech is a technology company focused on the gaming industry.

Sam Duke

Jurisdictions:

Cyprus
Ireland
Isle of Man
Italy
United Kingdom

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sectors:

Technology and telecommunications
Gaming

Firms:
Allen & Overy

Party: Playtech (Issuer)

Lawyer: Pietro Scarfone

Appleby

Party: Playtech (Issuer)

Bryan Cave Leighton Paisner

Party: Playtech (Issuer)

Lawyers: Daniel Csefalvay, Matthew Baker

Cains

Party: Banco Santander (Joint bookrunner)

Party: NatWest Markets (Joint bookrunner)

Party: UBS (Joint bookrunner)

Party: Unicredit (Joint bookrunner)

Georgiades & Pelides

Party: Playtech (Issuer)

Lawyer: Marcos Georgiades

Harneys - Aristodemou Loizides Yiolitis

Party: Banco Santander (Joint bookrunner)

Party: NatWest Markets (Joint bookrunner)

Party: UBS (Joint bookrunner)

Party: Unicredit (Joint bookrunner)

Lawyers: George Apostolou, Nancy Erotocritou

Linklaters

Party: Banco Santander (Joint bookrunner)

Party: NatWest Markets (Joint bookrunner)

Party: UBS (Joint bookrunner)

Party: Unicredit (Joint bookrunner)

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