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News May 07, 2014

Shearman & Sterling Advises on Intralot’s €250 Million Notes Offering

Shearman & Sterling represented Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, J.P. Morgan Securities plc and Société Générale as global coordinators and joint bookrunners on Intralot Capital Luxembourg S.A.’s offering of €250 million of its 6.0% senior notes due 2021. The offering, which was conducted pursuant to Rule 144A and Regulation S under the US Securities Act, closed on May 8, 2014. The proceeds from the offering were used to repay certain credit facilities and for general corporate purposes.

Intralot is a global leader in the supply of integrated gaming systems and services, operating a diversified and stable portfolio of 85 contracts and licenses across 57 jurisdictions in 45 countries worldwide.

The Shearman & Sterling team included associates Melanie Probst (London-Capital Markets) and Yaw Asare (London-Capital Markets), and legal assistant Francesca Minoretti (London-Capital Markets). Partner Kristen Garry (Washington, DC-Tax) and associate Mary Jo Lang (Washington, DC-Tax) advised on tax matters.