by Stephen Carter
May 13, 2024 6:26 AM ET
Lottomatica SpA
(GAMENT) EUR900m 144A/Reg S sr sec FRN/fixed two-part. Expect Ba3/BB- (stable/stable). Via DB (B&D) sole physical books/Barc/JPM/UniCredit jt glocos/BNP/GS jt books, Apollo as co-manager. No reg rights.
- EUR TBD FRN due 2031 (7y). NC1.
- EUR TBD fixed-rate notes due 2030 (6y). NC2 (50%,25%,par).
Roadshow Mon-Tues (investor call at 10:30am UKT today). UOP: refinance its EU350m sr sec notes due 2027 and EUR550m FRN due 2028. Equity sponsor: Apollo. Biz: leading gaming operator in Italy across all verticals. HQ: Rome, Italy.