IGT announces BB+ long-term issuer rating from Fitch
2 minutos de lectura
(London).- International Game Technology PLC announced that Fitch Ratings, Inc. ("Fitch") has assigned each of IGT and its subsidiary, IGT Lottery Holdings B.V., a long-term issuer rating of BB+ with a stable rating outlook and a rating of BBB- to their long-term senior secured debt.
According to Fitch's published report, the issuer rating reflects IGT's conservative leverage, which improved meaningfully from pre-pandemic levels primarily because of debt reduction funded by proceeds from the sales of non-core businesses and strong free cash flow generation.
The strong credit profile positions IGT favorably to continue funding slot machine development and shareholder returns and absorb potential future cash demands related to lottery concessions.
The rating also considers IGT's leading share in core gaming end markets, specifically lottery.
"We are pleased to have achieved, for the first time from Fitch, an issuer rating of BB+ with a stable outlook and an investment grade senior secured debt rating of BBB-," said Max Chiara, CFO of IGT.
"These ratings recognize our leadership positions across business segments, our history of delivering solid operating and financial results, and our strong credit profile."
Categoría:Reports & Data
Tags: IGT, International Game Technology,
País: United Kingdom
Región: EMEA
Event
ICE Barcelona 2026
19 de January 2026
Darío Zutel talks all about Win Systems' presence at ICE Barcelona 2026
(Barcelona, SoloAzar Exclusive).- Darío Zutel, Executive Chairman of Win Systems, reviews the results achieved at ICE Barcelona 2026, highlights the strategic quality of the contacts generated, the momentum of cashless solutions with WIN PAY, and outlines the company's innovation and expansion plans across the Americas, Europe, and other key international markets.
Monday 09 Feb 2026 / 12:00
Air Dice at ICE Barcelona 2026: Building Momentum Through Innovation and Strategic Market Expansion
(Barcelona, SoloAzar Exclusive).- In this interview, Erkki Nikunen, Partner & CBDO of Air Dice, reflects on the company’s performance at ICE Barcelona 2026, the strong reception of its FateQuest series, key industry trends shaping the sector, and Air Dice’s strategic priorities for growth, partnerships, and market expansion in 2026.
Monday 09 Feb 2026 / 12:00
Merkur Group Shines in Barcelona with Triple ICE Triumph
(Espelkamp/Barcelona).- Merkur Group secures three prestigious international accolades for operational excellence, social commitment, and standout exhibition experience.
Friday 06 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.