TITLE

MGM Mirage, Deutsche Bank talk financing

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
March 2009
SOURCE
Las Vegas Business Press (10712186);3/2/2009, Vol. 26 Issue 9, pP13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reveals that MGM Mirage has been negotiating with Deutsche Bank regarding the additional funding that the casino company needs to complete its CityCenter project in exchange for operating or taking ownership of the Cosmopolitan project. The CityCenter project of MGM Mirage needs an additional budget worth $9.1 billion, while the Cosmopolitan project is set to open in the second quarter of 2010. Particular focus is given to the debts facing MGM Mirage in 2009-10.
ACCESSION #
40538890

 

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