TITLE

STATION CASINOS MAY BE ON BRINK OF DEFAULT

PUB. DATE
February 2009
SOURCE
Las Vegas Business Press (10712186);2/9/2009, Vol. 26 Issue 6, pP20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article considers the risk of bankruptcy faced by Station Casinos Inc. According to Peggy Holloway, an analyst at Moody's Investors Service, the management-led buyout with Colony Capital in November 2007 placed Station Casinos at risk of bankruptcy. She added that the company's survival is dependent on their ability to negotiate with lenders and amend the bank debt.
ACCESSION #
40537993

 

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