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Recent Updates — BRSL

September 16, 2026View Source ↗

Brightstar Lottery PLC announced the results of its tender offer to purchase Regulation S interests in its €500,000,000 2.375% Senior Secured Notes due 2028. The offer expired on September 15, 2026, with €342,207,000 in principal amount validly tendered. The company intends to accept all tendered notes for purchase, leaving an outstanding balance of €157,793,000. Settlement is expected on September 18, 2026. The transaction will be funded using proceeds from the recently priced €500,000,000 4.875% Senior Secured Notes due 2032, which settle on September 17, 2026. Brightstar Lottery PLC operates in the lottery technology and gaming industry, providing secure technology, digital solutions, and games to governments and regulators globally.

September 9, 2026View Source ↗

Brightstar Lottery PLC priced €500,000,000 of 4.875% Senior Secured Notes due 2032 at 99.360% of par on September 9, 2026. Settlement is expected on September 17, 2026. The company intends to use the gross proceeds to pay for Regulation S interests in its outstanding 2.375% Senior Secured Notes due 2028 via a tender offer announced on September 8, 2026, repay utilizations under senior revolving credit facilities, and cover offering fees. Brightstar Lottery PLC operates as a global provider of lottery technology, retail solutions, and digital platforms for government regulators.

September 8, 2026View Source ↗

On September 8, 2026, Brightstar Lottery PLC announced a tender offer for its outstanding €500,000,000 of 2.375% Senior Secured Notes due 2028 at a purchase price of €990.00 per €1,000 principal amount. Concurrently, the company initiated a benchmark offering of euro-denominated senior secured notes due 2032 to refinance the tendered debt and repay revolving credit facilities. The tender offer deadline is September 15, 2026, with settlement expected on September 18, 2026. This transaction aims to extend the weighted average maturity of the company's debt obligations. Brightstar Lottery PLC operates in the lottery technology and services industry, providing secure technology and comprehensive solutions for government lottery jurisdictions globally.

August 4, 2026View Source ↗

Brightstar Lottery PLC reported second quarter 2026 results with revenue of $584 million, a 7% decline from the prior year period. Income from continuing operations was $56 million compared to a loss of $60 million in Q2 2025. Adjusted EBITDA increased 4% to $286 million. The company declared a quarterly cash dividend of $0.23 per share, payable on September 1, 2026 to holders of record as of August 18, 2026. Net debt rose to $3.79 billion following the final Italy Lotto license payment of $1.67 billion in April 2026. The Board upgraded its OPtiMa cost savings target to $100 million by 2028 and initiated Phase 3.3, expected to generate $20 million in annualized savings. Brightstar Lottery PLC operates as a global provider of lottery technology, services, and digital solutions.