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Everi Payments closes $375M debt offering

Everi Payments Inc. has closed a private $375.0 million offering of 7.50% senior notes due 2025.

Proceeds from the offering will go toward the full redemption of $350.0 million of the company's 10.00% senior unsecured notes due 2022 and to pay related fees and expenses. The redemption will be consummated Jan. 15, 2018.