PlayAGS, Inc. Announces Plans to Explore Refinancing of Its Term Loan Credit Facility and Voluntarily Repay Up to $15 Million of Its Total Debt Outstanding
January 29, 2024 at 09:15 am EST
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PlayAGS, Inc. announced plans to explore a refinancing of its term loan credit facility, which may include decreasing the interest rate required to be paid under such facility. Additionally, the Company could look to voluntarily repay up to $15 million of its total debt outstanding in conjunction with the refinancing transaction. On January 29, 2024, the company made available a presentation to potential lenders, which included certain preliminary estimated financial data for the fourth quarter ended December 31, 2023.
PlayAGS, Inc. is a designer and supplier of electronic gaming machines (EGMs) and other products and services for the gaming industry. The Company's segments include EGMs, Table Products and Interactive Games. The EGM segment includes server-based systems and back-office systems that are used by Class II Native American and Mexico gaming jurisdictions and Class III Native American, commercial, and charitable jurisdictions. It offers a library of proprietary video slot titles developed for the global marketplace. The Table Products segment includes live felt table games, side-bets, and progressives, as well as card shufflers, including its newly introduced card shuffler, Pax S. The Interactive Games segment provides game content and access to its remote gaming server for real money gaming (RMG) online casino operators as well as social casino games available for desktop and mobile devices. It also offers business-to-consumer (B2C) free-to-play social casino apps.
PlayAGS, Inc. Announces Plans to Explore Refinancing of Its Term Loan Credit Facility and Voluntarily Repay Up to $15 Million of Its Total Debt Outstanding
PLAYAGS, INC. 
