the red men know how to get a loan; Oct 26, 2009 17:02 Mohegan Tribal Gaming Authority Completes Private Placement of $200 Million 11 1/2% Second Lien Senior Secured Notes Due 2017
The Mohegan Tribal Gaming Authority, or the Authority, announced the closing today of its previously announced offering of $200 million aggregate principal amount of 11 1/2% second lien senior secured notes due 2017, or the Notes, in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, or the Securities Act. The Notes were issued at a price of 96.234% of their face value. The Authority is the owner and operator of a gaming and entertainment complex located near Uncasville, Connecticut, known as Mohegan Sun, and a gaming and entertainment facility offering slot machines and harness racing in Plains Township, Pennsylvania, known as Mohegan Sun at Pocono Downs, or Pocono Downs. continued...
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