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BRIEF-Gateway Casinos and Entertainment says intends to complete refinancing of its existing secured debt
February 3, 2017 / 5:38 PM / 8 months ago

BRIEF-Gateway Casinos and Entertainment says intends to complete refinancing of its existing secured debt

Feb 3 (Reuters) - Gateway Casinos And Entertainment Ltd

* Intends to complete a refinancing of its existing secured debt consisting of a new capital structure

* Primary use of proceeds of will be to repay all outstanding amounts under co’s existing senior secured credit facility

* New capital structure will include C$125 million senior secured revolving credit facility, $440 million term loan facility

* New capital structure will also include $255 million of second priority senior secured notes due 2024 Source text for Eikon: Further company coverage:

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