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Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh ( (AU:LNW) ) has provided an announcement.
Light & Wonder, Inc.’s subsidiary, Light and Wonder International, Inc., has issued $1 billion in senior unsecured notes due 2033 in a private offering. The proceeds will be used to repay existing debt, redeem outstanding notes, and for general corporate purposes. This strategic financial move is expected to strengthen the company’s balance sheet and provide flexibility for future growth initiatives, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:LNW) stock is a Buy with a A$176.00 price target. To see the full list of analyst forecasts on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh stock, see the AU:LNW Stock Forecast page.
More about Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh
Light & Wonder, Inc. operates in the gaming industry, focusing on providing innovative gaming solutions and services. The company is known for its comprehensive portfolio of products, including gaming machines, systems, and interactive content, catering to both land-based and digital gaming markets.
Average Trading Volume: 251,054
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.17B
See more data about LNW stock on TipRanks’ Stock Analysis page.