Scientific Games Announces Extension of Exchange Offer for $300 Million of 6.250% Senior Subordinated Notes Due 2020
NEW YORK, Jan. 30, 2013 /PRNewswire/ -- Scientific Games Corporation (Nasdaq: SGMS) (the "Company") announced today that its wholly owned subsidiary, Scientific Games International, Inc., has extended the expiration date of its offer to exchange up to $300,000,000 principal amount of its 6.250% Senior Subordinated Notes due 2020 (the "new notes") which have been registered with the United States Securities and Exchange Commission under the Securities Act of 1933 for all of its outstanding unregistered 6.250% Senior Subordinated Notes due 2020 (the "old notes"). As a result of the extension, the exchange offer is now scheduled to expire at 5:00 p.m., New York City time, on February 5, 2013, unless further extended.
The exchange offer was originally set to expire at 5:00 p.m., New York City time, on January 29, 2013. As of January 29, 2013, notes representing approximately $298,500,000 in aggregate principal amount, or 99.5%, of the old notes had been validly tendered and not withdrawn. Except for the extension of the expiration date, all of the other terms of the exchange offer remain as set forth in the exchange offer prospectus, dated December 28, 2012.
This press release is not an offer to exchange the new notes for the old notes or the solicitation of an offer to exchange, which we are making only through the exchange offer prospectus.