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LUXEMBOURG - Intralot Capital Luxembourg S.A. announced Wednesday it plans to issue €850 million in senior secured fixed rate notes due 2031, according to a pre-stabilization notice.
Deutsche Bank Aktiengesellschaft will serve as the stabilization manager for the offering, with the stabilization period expected to begin September 24, 2025, and end no later than November 3, 2025.
The notes will be guaranteed by multiple Intralot entities, including parent company Intralot S.A., as well as subsidiaries across the Netherlands, United Kingdom, United States, Australia, Jersey, and Gibraltar.
The offering includes a maximum over-allotment facility of 5% of the aggregate nominal amount. The issue price and spread over benchmark have not yet been determined.
The securities will trade over-the-counter, with RegS ISIN XS3192259276 and 144A ISIN XS3192259516 identifiers.
According to the notice, the stabilization manager may over-allot securities or conduct transactions to support the market price at levels higher than might otherwise prevail, though there is no assurance any stabilization action will be taken.
The securities have not been registered under the United States Securities Act of 1933 and are not being offered for sale in the United States. The offering is directed at qualified investors outside the United Kingdom and in European Economic Area Member States in accordance with applicable regulations.
The information was provided in a press release issued through the London Stock Exchange’s news service.
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