|
| Home : Completion of Oversubscribed C$560 Million Financing Announced by Gateway |
|
Dec 11
2013 |
Completion of Oversubscribed C$560 Million Financing Announced by Gateway |
|
BURNABY, BRITISH COLUMBIA--(Marketwired - Dec. 10, 2013) - Gateway Casinos & Entertainment Limited ("Gateway" or the "Company") is pleased to announce the completion of a successful C$560 million financing. The Company raised C$310 million in first lien term loans from a syndicate of banks, and secured an additional C$50 million revolver which was undrawn at closing. In addition, the Company issued C$200 million in aggregate principal amount of 8.50% notes due 2020 (the syndicated bank loans and the note offering, the "Financing"). |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1861150&sourceType=3 |
| |
|
Related News
|
» BioteQ Files Final Prospectus for $1.2M Rights Offering
» First Sahara Energy Announces Private Placement Financing
|
|
|
