Taking advantage of the favorable climate that is taking shape after Greece's successful exit from the markets and the achievement of a primary surplus, Intralot is resorting to the international capital market to raise cheap money, as PPC, National Bank, Piraeus Bank, Viohalco, etc. have already done.
Through its subsidiary Intralot Capital Luxembourg, it is carrying out a bond issue of 200 million euros, which will be covered by international investors. In Greece, the bonds will be made available only to "specialized investors" - mainly institutional portfolios.
The new funds will be used to expand the group's operations, which already has a presence in over 70 countries on all continents.
The Bonds will be guaranteed (on a senior unsecured basis) by Intralot S.A. (Parent Guarantor), Intralot Global Securities BV (direct parent company of the issuer) and the following subsidiaries of Intralot: Intralot Inc., Intralot Gaming Services Pty Ltd., Intralot de Perú SAC, Intralot Italia SpA, Gaming Solutions International SAC, Intralot Maroc SA, Intralot Germany GmbH, Intralot Nederland BV, Pollot sp. z oo, Veneta Servizi srl, Intralot Business Development Limited, OLTP Processamento de Transações Online Ltda., Beta Rial. sp. z oo, Intralot Cyprus Global Assets Ltd, Intralot St. Lucia Limited, White Eagle Investments Limited, Intralot Jamaica Limited, Intralot Finance UK PLC, Bilot EOOD, Intralot Holdings International Limited, Intralot Interactive USA, LLC, Betting Company Cyprus Limited, Intralot Iberia Holdings SA, Jackpot SpA, Intralot do Brasil Comércio de Equipamentos e Programas de Computador Ltda., Intralot Interactive SA, Intralot International Limited, Intralot Operations Limited, Betting Organization, Operation, and Promotion Company SA (Betting Company SA), Intralot Gaming Machines SpA, Intralot Global Holdings BV, and Intralot Finance Luxembourg SA.
The bonds are expected to be admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange.
Source: tro-ma-ktiko.blogspot.gr
