#London #United Kingdom #Senior Secured Notes #Redemption #Brightstar Lottery

Brightstar Lottery PLC's New Senior Secured Notes

In a significant financial maneuver, Brightstar Lottery PLC (NYSE: BRSL) announced the successful pricing of $750 million in 5.750% Senior Secured Notes, set to mature in 2033. The announcement, made on December 3, 2025, emphasizes Brightstar's commitment to strengthening its financial position and supporting its operations through strategic funding.

As co-issuers, Brightstar and its wholly-owned subsidiary, Brightstar Global Solutions Corporation, are offering these notes, which are backed by guarantees from certain other subsidiaries of Brightstar. This structure adds a layer of security for investors, showcasing the company's robust operational framework.

Listing and Trading

The newly issued notes will be listed on the Official List of Euronext Dublin, allowing for trading on the Global Exchange Market. The settlement date is projected to be December 15, 2025, contingent upon customary market conditions. This move not only opens up investment opportunities in the international financial markets but also aligns with Brightstar’s global strategy.

Usage of Proceeds

The capital raised from these Senior Secured Notes will be utilized to redeem $750 million of Brightstar's outstanding 6.25% Senior Secured Notes, which are set to mature on January 15, 2027. The redemption price is set at $1,012.20 per $1,000 of these notes. The redemption is conditioned on Brightstar receiving at least $750 million in gross proceeds from the new notes issuance. A notice will be sent to registered holders of the 6.25% Notes to inform them about the upcoming redemption on December 16, 2025.

Regulatory Compliance

It's noteworthy that these notes have not been registered under the Securities Act of 1933, meaning they cannot be offered or sold in the United States unless properly registered or under applicable exemptions. The offering is restricted to qualified institutional buyers under Rule 144A and non-U.S. persons in accordance with Regulation S.

This regulatory framework underscores Brightstar’s adherence to compliance, thus preserving its integrity and investor confidence.

Company Overview

Brightstar Lottery PLC is a trailblazer in the lottery industry, leveraging advanced technology to deliver secure and comprehensive solutions worldwide. With a workforce of approximately 6,000 employees, the company prides itself on its rich history of innovation and reliability in lottery operations. The firm maintains strong relationships with governments and regulatory bodies across the globe, ensuring that it meets the highest standards of service and ethical responsibility.

Brightstar continues to focus on creating value within the lottery industry, developing award-winning products, and enhancing player engagement while contributing to community welfare. This latest announcement regarding the new Senior Secured Notes aligns perfectly with its strategic goals and positions it for continued growth in the competitive landscape of the lottery business.

Conclusion

In summary, Brightstar Lottery PLC’s move to issue $750 million in Senior Secured Notes signifies not just a strategic financial decision, but a reinforcement of its long-term growth strategy. By redeeming older debt while maintaining strong operational support, Brightstar is setting the stage for a resilient financial future, essential for navigating the complexities of the global lottery market. This offers a mix of investment opportunities for institutional players and showcases the company's long-term vision and commitment to sustainability in its operations.

For more details on this announcement, investors can visit Brightstar's official website.