
Lottomatica Group S.p.A, founded in 2000 and headquartered in Rome, Italy, is a prominent player in the gaming and lottery sector. The company operates a wide array of gaming services, including lottery management, sports betting, and gaming machine solutions, catering to both retail and digital platforms.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
GAMENT 7.13% 2028-06-01 EURLottomatica Group S.p.A | Italy | 2028-06-01 | 7.125 | 5.55 |
GAMENT 7.13% 2028-06-01 EURLottomatica Group S.p.A | Italy | 2028-06-01 | 7.125 | 5.55 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lottomatica initiated its bond issuance strategy in 2010 to diversify funding sources and strengthen its capital structure. A significant milestone occurred in 2021 when Lottomatica issued €300 million in senior unsecured notes to refinance existing debt, reflecting a yield of 4.25%, which was competitive within the gaming industry. The note's features include a maturity date in 2026, and the company has maintained a steady yield in its subsequent issuances, highlighting investor confidence in its business model as it adapts to evolving market conditions.