• In early December 2025, Brightstar Lottery PLC completed a US$750,000,000 5.75% senior secured notes issuance due January 15, 2033, while Spin Master Toys UK Limited announced a five-year exclusive global licensing agreement enabling Brightstar to develop Rubik’s-themed omnichannel lottery games.
• Together, the fresh debt capital and Rubik’s Cube licensing deal expand Brightstar’s financial flexibility and open a new, globally recognized brand channel for future lottery product development.
• Next, we’ll examine how the US$750,000,000 senior secured notes issuance could reshape Brightstar Lottery’s existing investment narrative and risk profile.

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“We understand that there is significant financial pressure at the start of the year, and this news may be a cause of some anxiety for you.

“However, you can be assured that we will not be enforcing a hardline uniform policy when uniform is not available for sale.”

Craggs said the school was trying to buy unsold stock from the liquidator so it could supply school uniforms for the start of next year.

“It is currently unclear when we will be able to have this ready for sale,” Craggs told parents.

He cautioned parents against buying from an alternative uniform shop, because items were no longer part of the PHS school uniform.

Kelston Intermediate School principal Bert Iosia told the Herald the liquidation had put the school “on the…