TITLE

Station Casinos taps last of credit line

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
January 2009
SOURCE
Las Vegas Business Press (10712186);1/5/2009, Vol. 26 Issue 1, pP13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information on Station Casinos and its decision to tap the remainder of its credit line. According to the article, Station Casinos requested the $257 million remaining in the credit line, with $239 million of the request funded that day, and filed it with the U.S. Securities and Exchange Commission. The money was reportedly taken out in anticipation of Station Casinos' access to the money being cut if it defaults on its bank covenants before the end of January 2009.
ACCESSION #
36086688

 

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