Of its 8.750% senior notes due 2018
CIRSA launched an offering of 100,000,000 euros
(Spain).- Cirsa Gaming Corporation announced that its direct, wholly owned finance subsidiary, Cirsa Funding Luxembourg, has launched an offering of 100,000,000 euros of its 8.750% Senior Notes due 2018.
2013-01-29
Reading time 24 seg
(Spain).- Cirsa Gaming Corporation announced that its direct, wholly owned finance subsidiary, Cirsa Funding Luxembourg, has launched an offering of 100,000,000 euros of its 8.750% Senior Notes due 2018.
The Senior Notes being offered will be additional notes under the indenture governing the existing 680,000,000 euros of 8.750% Senior Notes due 2018 and will have the same terms as the existing Senior Notes.
The net proceeds from the offering, if completed, will be used to refinance approximately 70 million euros of our existing indebtedness, including 50 million euros of indebtedness under the Revolving Credit Facility, and to pay commissions, fees and expenses.
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