Brightstar Lottery PLC (BRSL) Form 6-K — Sep 16, 2026
Brightstar Lottery PLC (NYSE: BRSL) announced the results of its cash tender offer for the Regulation S interests in its €500,000,000 2.375% Senior Secured Notes due 2028. At the September 15, 2026 deadline, €342,207,000 of principal had been validly tendered and not withdrawn, and the company intends to accept all of it, leaving €157,793,000 of the notes outstanding after settlement. The purchases, plus accrued interest, will be funded with a portion of the proceeds from Brightstar's recently priced €500,000,000 4.875% Senior Secured Notes due 2032.
Key figures
- Debt Amount
- €342,207,000 accepted for purchase in the tender offer, funded with €500,000,000 of newly priced 4.875% Senior Secured Notes due 2032
- Interest Rate
- 4.875% on new 2032 notes (vs. 2.375% on tendered 2028 notes)
- Maturity Date
- 2028 (existing notes being retired) / 2032 (new notes)
- Tender deadline
- September 15, 2026, 4:00 p.m. London time
- New notes coupon
- 4.875%
- New notes maturity
- 2032
- Existing notes isin
- XS2051904733
- New notes principal
- €500,000,000
- Existing notes coupon
- 2.375%
- Tender settlement date
- 2026-09-18
- Existing notes maturity
- 2028
- Original notes principal
- €500,000,000
- New notes settlement date
- 2026-09-17
- Outstanding after settlement
- €157,793,000
- Tendered and accepted principal
- €342,207,000
AI analysis
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