Brightstar Lottery (NYSE: BRSL) plans 2033 senior secured notes to redeem 2027 debt

Rhea-AI Filing Summary

Brightstar Lottery PLC is launching a benchmark offering of U.S. dollar-denominated senior secured notes due 2033, co-issued with its wholly owned subsidiary Brightstar Global Solutions Corporation. The new notes are expected to be listed on the Official List of Euronext Dublin and traded on its Global Exchange Market, which is a market for debt securities.

The company plans to use the proceeds from this offering, together with cash on hand, to redeem $500,000,000 of its outstanding 6.25% senior secured notes due 2027, paying a make-whole premium, and to cover related debt issuance costs. This transaction shifts a portion of Brightstar’s debt from the 2027 maturity to a new 2033 maturity while keeping the debt senior secured and guaranteed by certain wholly owned subsidiaries.

Insights

Capital structure and credit analyst

Brightstar is extending part of its secured debt maturity from 2027 to 2033.

Brightstar Lottery PLC and a wholly owned subsidiary plan a benchmark offering of senior secured notes due 2033, with guarantees from certain other subsidiaries. The notes are intended to be listed on the Official List of Euronext Dublin and admitted to trading on its Global Exchange Market, which can broaden the investor base for the securities.

The issuers expect to use proceeds from the new notes, together with cash on hand, to redeem $500,000,000 of the company’s outstanding $750,000,000 6.25% senior secured notes due 2027 at a make-whole premium and to pay debt issuance costs. This replaces a portion of nearer-term secured debt with a longer-dated secured instrument, keeping the capital structure reliant on secured borrowings while adjusting the maturity profile.

The impact on overall interest expense and leverage is not quantified in the disclosure, so the economic effect depends on the final pricing and size of the 2033 notes. Subsequent company communications may provide further detail on coupon terms, covenant structure, and how much of the remaining 2027 tranche, if any, is addressed beyond the $500,000,000 redemption.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of December 2025

Commission File Number 001-36906

BRIGHTSTAR LOTTERY PLC

(Translation of registrant’s name into English)

10 Finsbury Square, Third Floor

London, EC2A 1AF

United Kingdom

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F

☒

Form 40-F

☐

Brightstar Lottery PLC Announces a Benchmark Offering of Senior Secured Notes Due 2033

On December 2, 2025, Brightstar Lottery PLC (NYSE: BRSL) (the "Company") announced a benchmark offering (the "Offering") of Senior Secured Notes denominated in U.S. dollars due 2033 (the "Notes") by the Company and Brightstar Global Solutions Corporation, a wholly-owned subsidiary of the Company (the "Subsidiary Issuer" and together with the Company, the "Issuers"), as co-issuers. The Notes will be guaranteed on a senior basis by certain of the Company's other wholly owned subsidiaries.

Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

The Issuers intend to use the proceeds from the Offering and cash on hand to redeem $500,000,000 of the Company's outstanding $750,000,000 6.25% Senior Secured Notes due 2027 at a make-whole premium and to pay certain debt issuance costs incurred in connection with the Offering.

A copy of the news release relating to the above matters is set forth in Exhibit 99.1, which is being furnished herewith and incorporated by reference herein.

Exhibit Number						Description
99.1						News Release "Brightstar Lottery PLC Announces a Benchmark Offering of Senior Secured Notes Due 2033" dated December 2, 2025

2

EXHIBIT INDEX

Exhibit Number						Description
99.1						News Release "Brightstar Lottery PLC Announces a Benchmark Offering of Senior Secured Notes Due 2033" dated December 2, 2025

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: December 2, 2025			BRIGHTSTAR LOTTERY PLC
			By:			/s/ Pierfrancesco Boccia
						Pierfrancesco Boccia
						Corporate Secretary

4

FAQ

What did Brightstar Lottery PLC (BRSL) announce in this 6-K?

Brightstar Lottery PLC announced a benchmark offering of U.S. dollar-denominated senior secured notes due 2033, to be co-issued with its wholly owned subsidiary Brightstar Global Solutions Corporation and guaranteed by certain other wholly owned subsidiaries.

How will Brightstar Lottery PLC (BRSL) use the proceeds from the new 2033 notes?

The issuers intend to use the proceeds from the 2033 senior secured notes, together with cash on hand, to redeem $500,000,000 of Brightstar’s outstanding $750,000,000 6.25% senior secured notes due 2027 at a make-whole premium and to pay related debt issuance costs.

Where will Brightstar Lottery PLCs new senior secured notes be listed and traded?

Application has been made for the new senior secured notes due 2033 to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin.

Which entities are issuing the new 2033 senior secured notes for Brightstar Lottery PLC (BRSL)?

The notes will be issued by Brightstar Lottery PLC and Brightstar Global Solutions Corporation, a wholly owned subsidiary, acting as co-issuers. The notes will be guaranteed on a senior basis by certain other wholly owned subsidiaries of the company.

What existing Brightstar Lottery PLC debt is affected by this new offering?

The company plans to redeem $500,000,000 of its existing $750,000,000 6.25% senior secured notes due 2027, paying a make-whole premium as part of the transaction.

Where can investors find more details on the Brightstar Lottery PLC notes offering?

Additional information is provided in the news release titled Brightstar Lottery PLC Announces a Benchmark Offering of Senior Secured Notes Due 2033, furnished as Exhibit 99.1 to this report.