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June 3, 1997updated 05 Sep 2016 1:06pm


By CBR Staff Writer

GTech Holdings Corp, West Greenwich, Rhode Island-based supplier of computerized online lottery products and services, has completed a $300m private placement. The debt issuance, managed by Credit Suisse First Boston, consists of $150m of 7-year debt at 7.75% and $150m of 10-year debt at 7.87%. The company will use the money to finance growth.

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