{"id":777037135,"date":"2026-01-23T09:48:25","date_gmt":"2026-01-23T12:48:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777037135"},"modified":"2026-04-21T15:03:11","modified_gmt":"2026-04-21T18:03:11","slug":"light-wonder-secures-us2-13bn-in-new-term-loans","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/light-wonder-secures-us2-13bn-in-new-term-loans","title":{"rendered":"Light & Wonder secures US$2.13bn in new term loans"},"content":{"rendered":"\n

The aim of the new credit agreement is to replace term loans to reduce the margin applied to them.<\/p>\n\n\n\n\n\n\n\n

Australia.- The casino technology group Light & Wonder Inc <\/strong>has raised a new US$2.13bn tranche of term loans<\/strong> under its existing credit facility with a maturity date of April 2029<\/strong>. The financing, which also covers the wholly owned subsidiary Light & Wonder International Inc<\/strong>, is backed by multiple banks and financial institutions, led by JPMorgan Chase Bank<\/strong> as administrative agent, collateral agent, issuing lender and swingline lender.<\/p>\n\n\n\n

The funding will go toward repaying outstanding debt. In its filing with the Australian Securities Exchange,<\/strong> Light & Wonder said the aim of the new credit agreement is to replace current term loans to reduce the margin. The new tranche provides a 0.25 percentage-point cut<\/strong> in annual interest rates.<\/p>\n\n\n\n

For the three months ended September 30, 2025<\/strong>, Light & Wonder reported liabilities of nearly US$5.79bn<\/strong>, up 20.9 per cent<\/strong> from US$4.79bn<\/strong> at the close of 2024. The firm\u2019s net income for the period rose 78.1 per cent year-on-year<\/strong> to US$114m<\/strong>. Revenue increased 2.9 per cent to US$841m<\/strong>.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Crown Resorts returns to profit after five years<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

The aim of the new credit agreement is to replace term loans to reduce the margin applied to them.<\/p>\n","protected":false},"author":2395,"featured_media":9119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Light & Wonder Inc. has successfully refinanced US$2.13bn in term loans under its existing credit facility, securing a 0.25 percentage-point reduction in annual interest rates. This strategic move aims to optimize the company's capital structure by lowering its cost of debt. The filing also revealed the company's Q3 2025 financial performance, including increased revenue and net income, alongside a rise in total liabilities.","focusai_entities":"Light & Wonder Inc., Light & Wonder International Inc., JPMorgan Chase Bank, Australian Securities Exchange","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Projected Interest Savings?","query":"What is the projected annual interest expense saving from this refinancing, and how will it impact Light & Wonder's future net income and EBITDA margins?"},{"label":"Capital Allocation Strategy?","query":"How does this debt restructuring align with Light & Wonder's broader capital allocation strategy, particularly regarding potential M&A activities, share buybacks, or investment in new gaming verticals?"}],"footnotes":""},"categories":[16336,163],"tags":[289,29,24619],"class_list":["post-777037135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-australia","tag-casino","tag-finance"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777037135"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037135\/revisions"}],"predecessor-version":[{"id":777037141,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777037135\/revisions\/777037141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9119"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777037135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777037135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777037135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}