Commentary & Deal Flow

Allwyn Entertainment Financing (UK) plc (SAZKAG) EUR500m 144A/Reg S sr sec notes due 2031 (5.5y). NC2 (50%, 25%, then par). Existing NR/BB/BB-. Via Barc/DB (B&D) jt glocos/BNP/Citi/Erste/GS/HSBC/ING/JPM/MS/MUFG/RBI/SocGen/SMBC/UBS/UniCredit/WFS jt books. No reg rights. List ISE. NY law. Denoms 100x1. Roadshow (small group meetings) 07/21 (investor call 11am UKT/12pm CET 07/21). UOP: refinancing EUR500m 3.875% sr sec notes due 02/15/27 (callable at par). Biz: leading multinational lottery operator. HQ: Lucerne, Switzerland.

Netroadshow link: http://www.netroadshow.com/nrs/home/#!/?show=0b461959.