IGT also said that it has voluntarily reduced the aggregate commitments of its
Alberto Fornaro, chief financial officer at IGT, said: "We are proactively managing our capital structure to drive significant savings in interest expense, extend maturities, and
"We expect to deliver an estimated US$60m in annualised interest cost savings from the combination of today's announced transactions, the recently completed tender for the 7.500% notes due in June 2019 and repayment of borrowings with proceeds from the recent sale of Double Down Interactive, as well as the repayment of the €500m 6.625% notes due in February 2018 at maturity.”
