International Game Technology in $300 Million 5.500% Notes Offering

June 8, 2010

Cleary Gottlieb represented the underwriters, led by Deutsche Bank Securities and Morgan Stanley & Co., in an offering by International Game Technology of $300 million aggregate principal amount of 5.500% Notes due 2020. The offering closed on June 8.

IGT, based in Reno, Nevada, is a global gaming company specializing in the design, manufacture and marketing of electronic gaming equipment and network systems, as well as licensing and services. IGT intends to use the net proceeds of the offering to reduce outstanding indebtedness under its senior credit facility.