International Game Tech Gets $750M Loan

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 & SmithandRBS Securitiesare the joint lead arrangers and joint book runners on the transaction.

Click here for the release fromPR Newswire.