{"id":451986,"date":"2021-03-05T15:52:36","date_gmt":"2021-03-05T20:52:36","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451986"},"modified":"2021-03-05T15:52:36","modified_gmt":"2021-03-05T20:52:36","slug":"playtika-announces-pricing-of-600-million-of-senior-notes-due-2029","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/","title":{"rendered":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029"},"content":{"rendered":"
\n

HERZLIYA, Israel, March 05, 2021 (GLOBE NEWSWIRE) — Playtika Holding Corp. (NASDAQ:PLTK) (\u201cPlaytika\u201d) today announced that it successfully priced its previously announced offering of $600 million aggregate principal amount of its senior notes due 2029 at par. The notes will bear interest at a fixed rate of 4.250% per year and will mature on March 15, 2029. The offering is expected to close March 11, 2021, subject to customary closing conditions.<\/p>\n

Playtika intends to use the net proceeds from the offering of the notes, together with borrowings under a new senior secured term loan to be entered into substantially concurrently with this offering, to repay borrowings under its existing senior secured term loan and to pay fees and expenses in connection with the transactions. The notes will be fully and unconditionally guaranteed by certain of Playtika\u2019s existing and future subsidiaries that also guarantee Playtika\u2019s senior credit facilities.<\/p>\n

The notes and the related guarantees have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), or the securities laws of any other jurisdiction. Playtika does not intend to register the notes and the related guarantees for an exchange offer under the Securities Act. Unless they are registered, the notes and the related guarantees may be offered only in transactions that are exempt from registration under the Securities Act and applicable state securities laws. The notes and the related guarantees will be offered and sold only to persons reasonably believed to be \u201cqualified institutional buyers\u201d in accordance with Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.<\/p>\n

\n About Playtika<\/strong>\n <\/p>\n

Playtika Holding Corp. is a leading mobile gaming company and monetization platform with over 35 million monthly active users across a portfolio of games titles. Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. Headquartered in Herzliya, Israel, and guided by a mission to entertain the world through infinite ways to play, Playtika has over 3,700 employees in 19 offices worldwide including Tel-Aviv, London, Berlin, Vienna, Helsinki, Montreal, Chicago, Las Vegas, Santa Monica, Newport Beach, Sydney, Kiev, Bucharest, Minsk, Dnepr, and Vinnytsia.<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This press release includes \u201cforward-looking statements\u201d within the meaning of the U.S. federal securities laws. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond Playtika\u2019s control. Such forward-looking statements include, but are not limited to, statements regarding the completion and size of the offering, the entry into a new senior secured term loan facility and the anticipated use of proceeds from the offering. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in Playtika\u2019s business, including, without limitation: the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering, as well as the risk factors set forth in the section entitled \u201cRisk Factors\u201d in Playtika\u2019s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the U.S. Securities and Exchange Commission. The forward-looking statements in this press release are not a guarantee of future events, and actual events may differ materially from those made in or suggested by such statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as \u201cmay,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201ccomfortable with,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201canticipate,\u201d \u201cbelieve\u201d or \u201ccontinue.\u201d Any forward-looking statements in this press release are made only as of the date of this press release, and Playtika does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events or otherwise.<\/p>\n

\n Contact <\/strong>\n <\/p>\n

\n Investor<\/strong>
\n Contact<\/strong>
\n
Playtika
David Niederman
davidni@playtika.com<\/a><\/u><\/p>\n

\n Press Contact<\/strong>
\n
Outcast
Angela Allison
playtika@thisisoutcast.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

HERZLIYA, Israel, March 05, 2021 (GLOBE NEWSWIRE) — Playtika Holding Corp. (NASDAQ:PLTK) (\u201cPlaytika\u201d) today announced that it successfully priced its previously announced offering of $600 million aggregate principal amount of its senior notes due 2029 at par. The notes will bear interest at a fixed rate of 4.250% per year and will mature on March 15, 2029. The offering is expected to close March 11, 2021, subject to customary closing conditions. Playtika intends to use the net proceeds from the offering of the notes, together with borrowings under a new senior secured term loan to be entered into substantially concurrently with this offering, to repay borrowings under its existing senior secured term loan and to pay fees and expenses in … <\/p>\n

Continue reading “Playtika Announces Pricing of $600 Million of Senior Notes Due 2029”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451986","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPlaytika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HERZLIYA, Israel, March 05, 2021 (GLOBE NEWSWIRE) — Playtika Holding Corp. (NASDAQ:PLTK) (\u201cPlaytika\u201d) today announced that it successfully priced its previously announced offering of $600 million aggregate principal amount of its senior notes due 2029 at par. The notes will bear interest at a fixed rate of 4.250% per year and will mature on March 15, 2029. The offering is expected to close March 11, 2021, subject to customary closing conditions. Playtika intends to use the net proceeds from the offering of the notes, together with borrowings under a new senior secured term loan to be entered into substantially concurrently with this offering, to repay borrowings under its existing senior secured term loan and to pay fees and expenses in … Continue reading "Playtika Announces Pricing of $600 Million of Senior Notes Due 2029"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T20:52:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029\",\"datePublished\":\"2021-03-05T20:52:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/\"},\"wordCount\":648,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/\",\"name\":\"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=\",\"datePublished\":\"2021-03-05T20:52:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/","og_locale":"en_US","og_type":"article","og_title":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk","og_description":"HERZLIYA, Israel, March 05, 2021 (GLOBE NEWSWIRE) — Playtika Holding Corp. (NASDAQ:PLTK) (\u201cPlaytika\u201d) today announced that it successfully priced its previously announced offering of $600 million aggregate principal amount of its senior notes due 2029 at par. The notes will bear interest at a fixed rate of 4.250% per year and will mature on March 15, 2029. The offering is expected to close March 11, 2021, subject to customary closing conditions. Playtika intends to use the net proceeds from the offering of the notes, together with borrowings under a new senior secured term loan to be entered into substantially concurrently with this offering, to repay borrowings under its existing senior secured term loan and to pay fees and expenses in … Continue reading \"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-05T20:52:36+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029","datePublished":"2021-03-05T20:52:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/"},"wordCount":648,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/","name":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029 - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=","datePublished":"2021-03-05T20:52:36+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQwMyM0MDUxMDMwIzIyMDU1OTY="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/playtika-announces-pricing-of-600-million-of-senior-notes-due-2029\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Playtika Announces Pricing of $600 Million of Senior Notes Due 2029"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/451986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=451986"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/451986\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=451986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=451986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=451986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}