Pinnacle files $1.5 billion shelf covering stock, preferrreds, debt

By Devika Patel

Knoxville, Tenn., March 5 - Pinnacle Entertainment Inc. filed a $1.5 billion shelf registration in an S-3 filing with the Securities and Exchange Commission. The shelf includes $853.75 million of previously registered but unsold securities.

The registration covers debt securities, preferred stock, depositary shares, common stock, warrants, rights, guarantees of debt securities, purchase contracts and units.

The securities may be structured as convertibles.

Proceeds will be used for operations and other general corporate purposes.

Pinnacle is a Las Vegas-based casino owner and operator.

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