June 1, 2017 / 8:55 PM / in 6 months

BRIEF-Empire Resorts Inc entered into first amendment to term loan agreement

June 2 (Reuters) - Empire Resorts Inc:

* Empire Resorts Inc - ‍on May 26, 2017, company entered into first amendment to term loan agreement and certain ancillary agreements​

* Says ‍first amendment to increase aggregate principal amount of term B loan by $35 million​

* Says ‍additional $35 million principal amount of term B loan was priced at 99.75% of principal amount​

* Says ‍additional borrowings will be used to fund company’s development and operation of Resorts World Catskills​

* says ‍as amended, term loan facility now provides loans in aggregate principal amount of $520 million Source text: [bit.ly/2rK9kOQ] Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below