An announcement from Lottomatica Group S.P.A. ( (IT:LTMC) ) is now available.
Lottomatica Group S.p.A. announced the launch of €600 million in Senior Secured Notes due 2031, aiming to use the proceeds to redeem existing notes and amend its revolving credit facility. This strategic financial move is expected to enhance the company’s liquidity and financial flexibility, potentially strengthening its market position and offering benefits to its stakeholders.
More about Lottomatica Group S.P.A.
Lottomatica Group S.p.A. is an Italian joint stock company operating in the financial sector, primarily involved in the issuance and management of secured notes and credit facilities.
YTD Price Performance: 51.32%
Average Trading Volume: 527,407
Technical Sentiment Signal: Sell
Current Market Cap: €4.89B
Learn more about LTMC stock on TipRanks’ Stock Analysis page.