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International Game Tech Gets $750M Loan

International Game Technology has secured a credit facility worth $750 million.

International Game Technology (IGT) has secured a credit facility worth $750 million. The new five-year loan will replace the Nevada-based gaming machines and network system products maker’s existing $1.2 billion loan.

IGT may increase the facility size up to an additional $250 million during its term. Wells Fargo Securities, Merrill Lynch, Pierce, Fenner & Smith and RBS Securities are the joint lead arrangers and joint book runners on the transaction.

Click here for the release from PR Newswire.

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