IGT Extends
Exchange Offer
International Game Technology
announced today that it is extending until 5:00
p.m. New York City time on Tuesday, March 14,
2006, unless otherwise terminated or further
extended, the expiration of its offer to exchange
up to $969,712,000 in aggregate principal amount
at maturity of new Zero-Coupon Convertible Debentures
due January 29, 2033 ("new debentures")
for an equal aggregate principal amount at maturity
of its currently outstanding Zero-Coupon Convertible
Debentures due January 29, 2033 ("old debentures").
As
of March 9, 2006, $672,348,000 principal amount
of the old debentures had been tendered (including
$10,594,000 principal amount tendered subject
to guaranteed delivery), representing approximately
69.3% of the total amount of old debentures
outstanding.
|