International Game Technology Announces the Convertibility of Its 3.25% Convertible Notes
LAS VEGAS, Jan. 31, 2014 /PRNewswire/ -- IGT (NYSE: IGT) today announced that, pursuant to the terms of its 3.25% Convertible Notes due May 1, 2014 (the "Notes"), the Notes will be convertible during the period beginning on February 2, 2014 and ending at the close of business on April 29, 2014. During such conversion period, holders will be able to convert their Notes into cash and, if applicable, shares of IGT's common stock at the rate and pursuant to the terms set forth in the Notes and the indenture governing the Notes.
International Game Technology (NYSE: IGT) is a global leader in casino gaming entertainment and continues to transform the industry by translating casino player experiences to social, mobile and interactive environments for markets around the world. IGT's acquisition of DoubleDown Interactive provides engaging social casino style entertainment to more than 6 million players monthly. More information about IGT is available at IGT.com or connect with IGT at @IGTNews or facebook.com/IGT. Anyone can play at the DoubleDown Casino by visiting http://apps.facebook.com/doubledowncasino or doubledowncasino.com
SOURCE International Game Technology