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Moody's Keeps Playtech's Rating Amid Proposed Notes Issue; Outlook Stable

MT Newswires·09/14/2026 11:28:05
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11:28 AM EDT, 09/14/2026 (MT Newswires) -- Moody's on Monday affirmed Playtech's (PTEC.L) Ba2 corporate family rating, while maintaining its stable outlook. The action mirrors the agency's projections that the online gambling technology company's planned 350 million-euro issue of guaranteed senior secured notes due 2031 will keep its credit metrics in line with the Ba2 rating. The stable outlook, meanwhile, reflects expectations that the company's credit metrics will remain "solidly positioned" in the rating category over the next 12 to 18 months.