Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Isle of Capri Casinos, Inc. > News item |
Isle of Capri to pay down revolver borrowings with stock proceeds
By Sara Rosenberg
New York, Jan. 19 - Isle of Capri Casinos Inc. plans to repay borrowings under its revolving credit facility using proceeds from the sale of 5.3 million shares of common stock, according to a news release.
Remaining proceeds will be used for general corporate purposes, including to finance future capital expenditures.
Isle of Capri is a St. Louis-based owner and operator of casinos.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.