Aristocrat looks to US market for $1.3bn loan

Shruti Chaturvedi

September 05, 2014 08:45 am

Aussie RMBS 230x — The Sydney Opera House sails and the Sydney Harbour Bridge pylons are turned red as part of the "RED" campaign against AIDS in Sydney, Australia, Tuesday, Nov. 30, 2010. The Sydney Opera House sails and the Sydney Harbour Bridge pylons where the first of more than 80 iconic landmarks across 13 countries used to help promote awareness of the ongoing fight against the AIDS epidemic by turning red to mark World AIDS Day slated for December 1. (AP Photo/Jeremy Piper) | Jeremy Piper/AP/Press Association Images

Australian gaming products maker Aristocrat Leisure is eyeing the US market for a $1.3bn seven year senior secured term loan. The company plans to use the money to fund its acquisition of US gaming operator Video Gaming Technologies and to refinance debt.

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Shruti Chaturvedi