Light & Wonder Inc, founded in 2021 and headquartered in Las Vegas, Nevada, specializes in creating innovative gaming solutions for the global entertainment industry. The company operates across various segments, offering a diverse range of products including gaming machines, digital gaming platforms, and lottery systems.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SCGALO 6.63% 2030-03-01 USDLight & Wonder Inc | United States | 2030-03-01 | 6.625 | 9.45 |
| SCGALO 6.63% 2030-03-01 USDLight & Wonder Inc | United States | 2030-03-01 | 6.625 | 9.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Light & Wonder Inc began issuing bonds shortly after its establishment, with its first issuance in 2022 aimed at financing strategic growth initiatives. Notably, the company attracted significant attention with a $500 million bond offering in 2023, which featured a competitive yield of 5.75%, positioning it favorably against industry peers amid rising interest rates. These bonds, issued to strengthen its balance sheet and fund acquisitions, have demonstrated resilience, particularly as the gaming industry rebounds post-pandemic, drawing interest from retail investors seeking stable income.