0001628280-26-022213
SEC filingBrightstar Lottery PLC entered into a Senior Facilities Agreement dated March 30, 2026, establishing US$650 million and €1 billion multicurrency revolving credit facilities.
Brightstar Lottery PLC, through its Parent entity incorporated in England and Wales, has secured a substantial multicurrency revolving credit facility totaling US$650 million in USD for Revolving Facility A and €1 billion in EUR for Revolving Facility B. This agreement, dated March 30, 2026, provides flexible access to funding via loans, letters of credit, and a US Dollar swingline facility, enhancing liquidity for the group's operations across multiple jurisdictions including the US, UK, and Italy. Key financial parties include prominent institutions like Bank of America Europe DAC, Crédit Agricole, and Mediobanca as coordinators and agents, signaling strong banking syndicate support. The facilities feature standard syndicated loan protections such as financial covenants in Clause 27, comprehensive guarantees under Clause 24, and events of default in Clause 29, alongside agreed security principles in Schedule 13. Availability extends from signing to one month before final maturity, with multicurrency options and reference rate terms for USD, GBP, and EUR. This financing bolsters Brightstar Lottery's balance sheet flexibility amid its lottery business, potentially supporting growth initiatives, working capital, or strategic investments, while subjecting the group to ongoing compliance with lender requirements including tax gross-ups, increased costs indemnities, and information undertakings.