Multi-national lottery operator Allwyn International has relocated to Switzerland and become a Swiss entity.
The company, which operates the UK’s National Lottery and related products, has moved from the Czech Republic.
The relocation has no effect on Allwyn’s Czech workforce or lotteries or gaming operations.
“As of the date of relocation, the €500m 3.875 per cent senior secured notes due 2027 originally issued by Allwyn International have been transferred to Allwyn Entertainment Financing (UK) as substituting issuer,” the company added.
“Allwyn Entertainment Financing (UK) is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated December 16, 2020.”
