Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
SGMS > SEC Filings for SGMS > Form 8-K on 11-Jun-2009All Recent SEC Filings

Show all filings for SCIENTIFIC GAMES CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SCIENTIFIC GAMES CORP


11-Jun-2009

Other Events


Item 8.01. Other Events.

On June 10, 2009, the amount authorized under the Company's program for the repurchase of its 0.75% Convertible Senior Subordinated Debentures due 2024 (the "Convertible Debentures") was increased from $100.0 million to $158.3 million in aggregate principal amount. As of June 10, 2009, approximately $58.3 million in aggregate principal amount of Convertible Debentures have been repurchased under the program, leaving $100.0 million in aggregate principal amount of Convertible Debentures available to be repurchased under the program. There was approximately $215.5 million in aggregate principal amount of Convertible Debentures outstanding as of June 10, 2009. The program, originally announced in December 2008, expires on December 31, 2009. Purchases are expected to be funded by cash flows from operations, borrowings, or a combination thereof. The manner, timing and amount of purchases will be determined by our management based on its evaluation of market conditions, price of the Convertible Debentures and other factors. The program may be suspended or discontinued at any time.

On June 10, 2009, the Company adopted a repurchase program with respect to up to $50.0 million in aggregate principal amount of the Company's 6.25% Senior Subordinated Notes due 2012 (the "2012 Notes"). The program expires on December 31, 2009. There was $200.0 million in aggregate principal amount of 2012 Notes outstanding as of June 10, 2009. Purchases are expected to be funded by cash flows from operations, borrowings, or a combination thereof. The manner, timing and amount of purchases will be determined by the Company's management based on its evaluation of market conditions, price of the 2012 Notes and other factors. The program may be suspended or discontinued at any time.


  Add SGMS to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for SGMS - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.