03/18/2021 Gamma Bidco SpA (Gamenet Group) (GAMMAB) EUR575m (up from EUR525m) 144A/Reg S sr sec notes notes due July 15, 2025 (4.25y) NC1.25 (07/15/22) (MWC T+50bp), then at 102.5625, 101.2813, 100. B1/B (stable/stable). Via CS/Barc/UniCredit jgcs/Banca Akros/DB/GS/JPM/MS joint books. No reg rights. List Lux. NY law. 100x1. Pays Jan 15 nand July 15, starting 07/15/21. Settles 04/01 (T+10). Reg S ISIN: XS2321537255. Price talk: 5.25% area. Launched: EUR575m 5.125% at par. Priced: 5.125% at 100. +579bp vs DBR 1% 08/15/25. Roadshow 03/16-18 (investor call at 2pm UKT 03/16). Books closed at 4:45pm UKT 03/18 (originally closing at 1pm UKT 03/18). UOP: partially fund the acquisition of Lottomatica. Sr sec credit facility reduced to EUR213 from EUR232m. Excess cash proceeds towards cash equity contribution reduction. Equity sponsor: Apollo Global Management. Biz: Leading Italian gaming operator. HQ: Rome, Italy. The maturity and call dates mirror the 6.25% sr sec notes due 07/15/25.