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CONSUMER CYCLICALS: International Game Technology; 3Q Results

CONSUMER CYCLICALS

(IGT Secured; Ba1/BB+ CW Pos/BBB-) {IGT US Equity}

Reminder it sold gaming business to Apollo for $4.05b cash - $2b will go to debt paydowns when it closes (exp. 3Q25). It reports numbers for remain-co only now (what we care about);

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(IGT Secured; Ba1/BB+ CW Pos/BBB-) {IGT US Equity}

Reminder it sold gaming business to Apollo for $4.05b cash - $2b will go to debt paydowns when it closes (exp. 3Q25). It reports numbers for remain-co only now (what we care about);

Keep reading...Show less