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Fitch revises Light & Wonder outlook to positive as leverage is expected to fall

Deals & M&A

Fitch Ratings revised Light & Wonder’s outlook to positive, citing an expected improvement in its leverage profile. The rating agency said leverage could decline to approximately 2.9 times by the end of 2027, driven by voluntary debt repayment and EBITDA growth.

A server room with multiple racks of computer hardware and networking equipment.

The revised outlook and projected leverage provide investors with an assessment of Light & Wonder’s debt profile.

End-of-day close Light & Wonder (LNW), AUD, to 5 November 2026
Story date7 September 20265 November 2026

Latest reported results

Light & Wonder ASX: LNW

Quarter ended 30 June 2026

Revenue
USD 828.0m10-Q filing 0000750004-26-000033
Operating income
USD 223.0m10-Q filing 0000750004-26-000033

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