Supplemental Indenture, dated as of December 22, 2023, by and among Light & Wonder International, Inc., as issuer, SciPlay Corporation, SciPlay Games, LLC and the other guarantors party thereto and Deutsche Bank Trust Company Americas, as trustee, relating to the Indenture, dated as of November 26, 2019, as amended and supplemented, relating to the 7.000% Senior Unsecured Notes due 2028

Contract Categories: Business Finance - Indenture Agreements
EX-4.1 2 tm2333587d1_ex4-1.htm EXHIBIT 4.1

Exhibit 4.1

 

Execution Version

 

SUPPLEMENTAL INDENTURE, dated as of December 22, 2023 (this “Supplemental Indenture”), by and among Light & Wonder International, Inc. (f/k/a Scientific Games International, Inc.), a Delaware corporation (the “Company”), the Guarantors (as defined in the indenture referred to herein), SciPlay Corporation, a Nevada corporation, SciPlay Games, LLC, a Nevada limited liability company (the “Additional Guarantors”), and Deutsche Bank Trust Company Americas, a New York banking corporation, as trustee (the “Trustee”).

 

WHEREAS, the Company, the original Guarantors and the Trustee executed an Indenture, dated as of November 26, 2019, as amended and supplemented (the “Indenture”), relating to the Company’s 7.000% Senior Unsecured Notes due 2028;

 

WHEREAS, under certain circumstances, Section 10.17 of the Indenture requires the Company to cause each of the Company’s Restricted Subsidiaries to execute and deliver to the Trustee a supplemental indenture and thereby become a Guarantor bound by the Guarantee of the Securities on the terms set forth in Article Ten of the Indenture;

 

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture; and

 

WHEREAS, except as otherwise defined herein in this Supplemental Indenture, capitalized terms used in this Supplemental Indenture have the meanings specified in the Indenture;

 

NOW, THEREFORE, in consideration of the above premises, each party agrees, for the benefit of the other parties and for the equal and ratable benefit of the Holders of the Securities, as follows:

 

ARTICLE ONE

 

AMENDMENT

 

Section 1.01.  Amendment.  Each of the Additional Guarantors hereby agrees to become a Guarantor bound by the Guarantee of the Securities on the terms set forth in Article Ten of the Indenture.

 

ARTICLE TWO

 

MISCELLANEOUS PROVISIONS

 

Section 2.01.  Indenture.  Except as amended hereby, the Indenture and the Securities are in all respects ratified and confirmed and all their terms shall remain in full force and effect.

 

Section 2.02.  Trustee’s Disclaimer.  The Trustee shall not be responsible for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and the Additional Guarantors.

 

Section 2.03.  Governing Law.  THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAWS TO THE EXTENT THAT THE APPLICATION OF THE LAW OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

 

 

 

Section 2.04.  Counterparts.  This Supplemental Indenture may be executed in any number of counterparts, each of which shall be an original, but all of them together shall represent the same agreement.

 

Section 2.05.  Headings.  The Article and Section headings in this Supplemental Indenture are for convenience only and shall not affect the construction of this Supplemental Indenture.

 

(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK)

 

 

 

SIGNATURES

 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first written above.

 

  Company:
   
  LIGHT& WONDER INTERNATIONAL,INC.
   
  By: /s/ James Sottile
    Name: James Sottile
    Title:  Treasurer and Secretary
 
  Additional Guarantors:
   
  SCIPLAY CORPORATION
   
  By: /s/ James Sottile
    Name: James Sottile
    Title: President, Treasurer and Secretary
   
  SCIPLAY GAMES, LLC
   
  By: /s/ Sweta Gabhawala
    Name: Sweta Gabhawala
    Title: Secretary
   
  Existing Guarantors:
   
  LIGHT& WONDER,INC.
   
  By: /s/ James Sottile
    Name: James Sottile
    Title: Executive Vice President and Chief Legal Officer and Corporate Secretary
   
  LNW GAMING,INC.
   
  By: /s/ Siobhan Lane
    Name: Siobhan Lane
    Title: President, Treasurer and Secretary

 

[Signature Page to Supplemental Indenture – 2028 Notes]

 

 

 

  Trustee:
   
  DEUTSCHE BANK TRUST COMPANY AMERICAS
   
  By: /s/ Chris Niesz
    Name: Chris Niesz
    Title: Vice President
   
  By: /s/ Sebastian Hidalgo
    Name: Sebastian Hidalgo
    Title: Assistant Vice President

 

[Signature Page to Supplemental Indenture – 2028 Senior Unsecured Notes]